Menu
cacellation or surrendering of gst No
I have taken a GST No ensuing my business in status of firm I filed Nil returns till October but I could get any chance of doing business and I have not filed my returns for closing the No should I pay late fees which comes around rs 24000. is there any method of codonation.
Replies (2)
Dear there was waiver of late fee till September 2017, from October 2017 onwards the late fee is mandatory to be paid at INR 20 CGST and SGST for NIL returns.
No condonation is available in the act.
No condonation is available in the act.
Yes, agree with Mr Nivesh.
Yes, late fee applicable Rs20 per day for both the acts for nil returns and Rs50 per day for both acts for Normal returns with liabilities.
Yes, late fee applicable Rs20 per day for both the acts for nil returns and Rs50 per day for both acts for Normal returns with liabilities.
Recent Topic
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
Related Topics
CAclubindia
