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Late fee & interest on late filing

22 February 2018

please suggest GST liability on late fee..
Does the liability gets displayed in Gst portal..
or.
it should be calculated and paid..

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10 Replies

Tushar Vij (12 Points)
Replied 22 February 2018

It is displayed on COMMON PORTAL, now rupees 20/- per day of delay in filing pf return..

1 Like

Hemant Singh (144 Points)
Replied 22 February 2018

first you tell me you have filled nil return or exempt.

Mallikarjunreddy (Article Assistant) (33 Points)
Replied 22 February 2018

As of now no interest and penalty in GST

1 Like

sujith kumar dasa (banglore) (1496 Points)
Replied 22 February 2018

Dear RSk Srinivas,

There is late fees of Rs. 50 (CGST-25 & SGST -25) per day for delay of filing of return. However in case of nil return i.e., without any sales in the month then Rs. 20 (CGST-10 & SGST-10) is the late fees.

Late fees is automatically calculated by the system.

srimanth kumar k (42 Points)
Replied 22 February 2018

I agree with sujith kumar, but I wish to inform you that fees of Rs. 20 (CGST - 10 & SGST - 10) is applicable not only to nil returns, and it is not that you should not have sales, even though you have sales in that period, after utilizing ITC if there is no output liability, then also fees applicable is Rs. 20. Finally if output liability is Nil, then it is Rs.20 and if you have any output liability it is Rs. 50

sujith kumar dasa (banglore) (1496 Points)
Replied 23 February 2018

No. Two days back for one of our client we filed pendong returns from Sep-17, the portal automatically shown Rs. 50 even though there is no net cash payable for the month. While in another month where there is no taxable sales at all late fees @ 20 was automatically display. Hence on that note if there is taxable sales in the month then Rs. 50 would be late fees.

srimanth kumar k (42 Points)
Replied 23 February 2018

Mr. Sujith you can go through the wordings of notification no. 64/2017 central tax

sujith kumar dasa (banglore) (1496 Points)
Replied 23 February 2018

Provided that where the total amount of central tax payable in the said return is nil, the amount of late fee payable by such registered person for failure to furnish the said return for the month of October, 2017 onwards by the due date under section 47 of the said Act shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues. From above extract of notification it is clear that late fee of Rs. 10 will be applicable if tax payable is nil. Please note that it is not saying tax payable in cash is nil. Hence if there is payable in the month which can be adjusted against input credit even then late fee @ 25 will be applicable not Rs. 10.

srimanth kumar k (42 Points)
Replied 23 February 2018

Okay sujith thank you for the clarification

suman karmakar (none) (72 Points)
Replied 01 April 2018

I have missed an invoice to show in february GSTR-3b, now I will add it in March gstr-3b. my question is whether I have to pay interest on that while filing march gstr-3b