A taxpayer submitted their GSTR1 quarterly return but did not file it, reporting nil returns for the period. They later filed the return, which showed no liabilities. The discussion clarifies whether a late fee is applicable even for nil returns. While late fees can apply to nil returns at a reduced rate, it's noted that penalties might not be charged due to COVID-related relaxations.
08 October 2020
Normal taxpayer who selected for quarterly return submitted the GSTR1 return but not filed the same, he’s having nil return for that quarters. After noticing it filed the returns there is no liabilities shown Need to pay late fee?