Gst penalty

365 views 6 replies

Hiee..(on urgent )

One of my friend hav not filled GST Return from Jan 2018 Till June 2018. (NIL Return). Shld he is required to pay penalty .if yes how much shld be penalised . 

also can any one suggest me how he can reduce his penalty for as he had no transcation at all.

can any one file gst return till august month ..please state the fees in my mail id pavel1356 @ gmail.com 

 

 

Replies (6)
You need to file all pending return with late fees of Rs. 20 per day per return.

Maximum Late fee Rs. 10000 per return (5000 under CGST & 5000 under SGST Act)
yes what answered above is true and well said
What is right answer Mr. Venue R Prabhu ?
Agree with Mr. Jatin Sir...

Filling Return under GST Regime is mandatory even if there is no business transaction in a particular month.

You need to file all your pending Returns with late fees @ Rs. 20 per day [ CGST-10 + SGST-10 ] and there is no way to reduce this penalty amount.

However, Maximum Late fee is ₹ 10,000 per return.
I mean answer given by Jatin sir is correct and well said

Hi Pavel,

Your friend needs to file all his pending returns with late fees @ Rs. 20 per day and the maximum Late fee is ₹ 10,000 per return. 

For more information regarding GST visit our website: https://raagconsultants.com/gst.H T M L

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