Composition Scheme Non Filing GST Return

Return for FY 2020-2021 and FY 2021-2022 has not been filed.
Is there any Penalty for the same and what is the Interest rates.
Replies (2)
Quick Summary
This discussion addresses the penalties and interest applicable for non-filing of GST composition scheme returns for FY 2020-2021 and FY 2021-2022. It clarifies that a late fee of Rs. 200 per day, capped at Rs. 5000, is levied for delayed GSTR-4 filings. Furthermore, the potential for non-monetary penalties, such as the cancellation of GST registration, is also highlighted.

 

That late fee of Rs. 200/- per day and maximum up to Rs. 5000/- is levied if GSTR-4 (for composition dealer) is not filled within due date, which is 30th of April following the relevant financial year.

 

There can be non monetary penalty also like cancellation of registration

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