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3Cd Query

Others 229 views 4 replies
Is PENALTY FOR late Filling of GST WIL COME IN 3CD.IF YES WHERE TO REPORT
Replies (4)

yes it is shown in interest late fee , penalty etc 

I think there is no need to report it as interest and late fee paid are allowable expenses. These are not treated as a penalty.

Agree with Ankita.

Late filing fees is not exactly "Penal" in nature...u can refer ICAI's Guidance note on Tax Audit for better clarity

gst penalty will be reported in gstr9


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