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Gst late fees
what is the late fees if we file gstr 3b with input tax credit i.e nil liability? whether it is rs.20 or rs.50 per day(including cgst and sgst)?
Replies (4)
If you have a sale in that month you are liable to pay 50 rs per day (CGST 25 and SGST 25) and you have not sale invoice you can pay 20 rs (CGST 10 and SGST 25)
The Late Fees levied u/s 47 of the CGST Act 2017 is Rs. 25 per day per Act ( Rs. 25 under CGST + Rs. 25 under SGST total being Rs. 50 ) in case of a Liability Return.
In case of NIL RETURN, it is Rs. 20 per day ( Rs. 10 under CGST + Rs. 10 under SGST ).
In case of NIL RETURN, it is Rs. 20 per day ( Rs. 10 under CGST + Rs. 10 under SGST ).
Hi
in our case,we have to file gstr 3b with ITC alone. hence the late fees would be RS.20 right(i.e. cgst 10 and sgst 10)??
in our case,we have to file gstr 3b with ITC alone. hence the late fees would be RS.20 right(i.e. cgst 10 and sgst 10)??
Dear Mukesh
No late will be 50 ( 25 CGST + 25 SGST)
No late will be 50 ( 25 CGST + 25 SGST)
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