Composition dealer sec 50(1) provision applicable

Section 74 cannot be invoke on delay filing of return.
As per Section 50 of gst Interest is levable & as per Section 47 late fee is levable. But As per Rule 62 of CGSTAct CMP-08 is not a return form , it's an STATEMENT containing the details of payment of Self-assessed tax Qtly & late fee is applicable on Late filing return not STATEMENT.
So late fee is not applicable in this case.