My client has filed Form 9 for FY 17-18. but till now he has not filed 9C. is there any penalty for not filing 9C. please clarify.
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Quick Summary
A client filed GST Form 9 for FY 17-18 but has not yet filed Form 9C. This query seeks clarification on potential penalties for the delayed filing of Form 9C. The response indicates that a general penalty of up to Rs. 25,000 for CGST and Rs. 25,000 for SGST may apply, totalling Rs. 50,000. This penalty is typically levied after receiving a Show Cause Notice (SCN) from the department for the delay.