What happens if GSTR-1
is not filed
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GSTR-1
Replies (2)
| Originally posted by : Venu Kappala | ||
 |
What happens if GSTR-1 is not filed |  |
Late Fees Will be Levied
And Purchaser can't take ITC benefit.
Agreed with Mr Ravi sir.....
Yes. Late fee is liable to pay for not filing GSTR1 returns before due date.
Also buyers cannot take ITC benefit, then they should reverse the ITC claimed in their returns.
Yes. Late fee is liable to pay for not filing GSTR1 returns before due date.
Also buyers cannot take ITC benefit, then they should reverse the ITC claimed in their returns.
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