One of my relative have not filed any GST return since July 2017
He has also issued invoice to his clients and also taken invoice from different parties (suppliers). I want to know how much penalty he has to pay and at what rate of interest if he has any liability in each month from July 2017. Is there any maximum limit for penalty for non filing of returns?
I also want to know that ITC still can be claimed or not of months before March 18??
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GST not filed since July 17
Replies (2)
Late fee for Nil Return - Rs. 20/day (CGST Rs 10 & SGST Rs 10)
Other than Nil return - Rs. 50/day (CGST Rs 25 & SGST Rs 25).
Maximum late fee Rs 10000 /month.
Also pay 18% per Annum interest for late payment for all outstanding payments.
Late fee is auto calculated by gst portal while submitting returns.
Upto September 17 late fee for 3b has been waive of by Notification 28 & 50 of CT .
You can claim ITC.
Other than Nil return - Rs. 50/day (CGST Rs 25 & SGST Rs 25).
Maximum late fee Rs 10000 /month.
Also pay 18% per Annum interest for late payment for all outstanding payments.
Late fee is auto calculated by gst portal while submitting returns.
Upto September 17 late fee for 3b has been waive of by Notification 28 & 50 of CT .
You can claim ITC.
i think gst number may be cancelled due to non filling of consecutive six month
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