Late fees for GSTR 9 and 9C

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This query is : Resolved

jaganathan ramesh (Querist)

11 June 2022 Sir,
I came to know that a representation is made to the department for levying late fees of Rs. 10000/- per year, for filing of GSTR 9 and 9c for the years 2017-18, 2018-19, 2019-20, 2020-2021. Is this true sir. I need clarification sir.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

09 July 2024 Yes, representations and recommendations have been made to the GST Council to cap the late fees for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) to provide relief to taxpayers.

### Current Status of Late Fees for GSTR-9 and GSTR-9C

As per the latest updates and notifications:

1. **GSTR-9 (Annual Return):**
- The late fee for filing GSTR-9 is ₹200 per day of delay (₹100 CGST + ₹100 SGST).
- The maximum late fee is capped at 0.25% of the taxpayer's turnover in the relevant state or union territory.

2. **GSTR-9C (Reconciliation Statement):**
- The late fee for GSTR-9C is the same as GSTR-9, i.e., ₹200 per day of delay (₹100 CGST + ₹100 SGST).
- The maximum late fee is also capped at 0.25% of the turnover.

### Proposed Cap on Late Fees

There have been proposals and representations to cap the late fees at ₹10,000 per year for filing GSTR-9 and GSTR-9C for the financial years mentioned. However, as of the most recent updates, this proposal has not been officially notified or implemented.

### Actions to Take

1. **Check Latest Notifications:**
- Regularly check the official GST portal and CBIC (Central Board of Indirect Taxes and Customs) website for the latest notifications and circulars regarding late fees and any relief measures.

2. **File Returns Promptly:**
- To avoid incurring additional late fees, file your GSTR-9 and GSTR-9C returns as soon as possible.

3. **Consult with GST Practitioner:**
- For specific advice and to stay updated with the latest changes, consider consulting with a GST practitioner or tax advisor.

### Summary

- **Current Cap**: The current cap on late fees is at 0.25% of the turnover in the relevant state or union territory.
- **Proposed Cap**: There is a proposal to cap the late fees at ₹10,000 per year, but it has not yet been officially implemented.
- **Action**: Check the latest notifications and file returns promptly to minimize late fees.

For the most accurate and up-to-date information, always refer to official GST notifications or consult with a professional tax advisor.

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