Late Fees on Nil GSTR 7 of Oct 2024
This query is : Resolved
07 December 2024
Now Govt has compulsory to file nil GSTR 7 also. Hence I have to submit Form GSTR 7 for OCT 2024. No TDS has been deducted in OCT months that means NIL Report. But GST online system show late fees for OCT return.
But As per notification number 23/2024–Central Tax dated 08.10.2024 , " Provided further that the total amount of late fee payable under section 47 of the said Act by the registered person, who fails to furnish the return in FORM GSTR-7 for a month by the due date, where the total amount of central tax deducted at source in the said month is nil, shall stand waived". Means no late fees will be charged for NIL GSTR 7.
I requested to you kindly clarify this issue.
But As per notification number 23/2024–Central Tax dated 08.10.2024 , " Provided further that the total amount of late fee payable under section 47 of the said Act by the registered person, who fails to furnish the return in FORM GSTR-7 for a month by the due date, where the total amount of central tax deducted at source in the said month is nil, shall stand waived". Means no late fees will be charged for NIL GSTR 7.
I requested to you kindly clarify this issue.
07 December 2024
According to the latest notification, if no TDS is deducted in a month, the total amount of late fee payable under Section 47 will be waived. Therefore, if you are filing a nil GSTR-7 for October 2024, you should not be charged any late fees despite any system prompts indicating otherwise.
If the GST online system is showing late fees for your nil GSTR-7 return, it may be a technical issue that needs to be addressed. You may need to contact GST support for clarification or assistance in resolving this issue.
If the GST online system is showing late fees for your nil GSTR-7 return, it may be a technical issue that needs to be addressed. You may need to contact GST support for clarification or assistance in resolving this issue.
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