banner_ad

Gst late filing fee

296 views 6 replies

My client has not filed Return from September 2018 and wants to surrender the GST. There is no sale but he has purchased some material. during this period. When tried to surrender GST it ask to file return first. The problem is that the penalty for not filing the return is approx one Lakhs. is there any chance to surrender without paying the penalty as there is no tax liability. Please suggest accordingly.

 

Replies (6)
No....... there is no way out.

Yes can try by visiting to your jurisdiction tax officer but that to be with valid reason
as per you wrote, there is no turnover only purchases are there, so you can file nil returns for some months and include all the figures in March 2019 of 2018-19 and there after again you can file nil returns for some months and include all the figures in August month of 2019 for 2019-20. by which your taxpayer will get big relief for nil return there is only the late fees of RS 20.

calculation as follows
last date. filling date. days. late f. total fees
20-Sep-18 20-Sep-19 365.00 20 7300
20-Oct-18 20-Sep-19 335.00 20 6700
20-Nov-18 20-Sep-19 304.00 20 6080
20-Dec-18 20-Sep-19 274.00 20 5480
20-Jan-19 20-Sep-19 243.00 20 4860
20-Feb-19 20-Sep-19 212.00 20 4240
20-Mar-19 20-Sep-19 184.00 50 9200
20-Apr-19 20-Sep-19 153.00 20 3060
20-May-19 20-Sep-19 123.00 20 2460
20-Jun-19 20-Sep-19 92.00 20 1840
20-Jul-19 20-Sep-19 62.00 20 1240
20-Aug-19 20-Sep-19 31.00 50 1550
Total late fees payable 54010
Try filing NIL returns as there is no output. You could save some money.

But there is no way out as per law.

There is no way off waive off the late filing fee?  

The law has fixed a maximum late fees of Rs 5,000. This means that in any case, the maximum late fees that can be charged by the Government is Rs 5,000  each return being filed under each Act.

Any body can correct me on this?

Originally posted by : Pankaj Rawat
No....... there is no way out.Yes can try by visiting to your jurisdiction tax officer but that to be with valid reason

I has the same case. A CA misinformed me. BTW, what could be a valid reason to give?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details