GSTR 1&2 under GST

87 views 1 replies
only GSTR 3b is filed for all month in FY 2019-20.
but GSTR 1&2 not filed from may 2019 to march 2020.

what will be consequences.
Replies (1)

Filing of GSTR-2 has been discontinued since 2017

If GSTR-1 is not filed then there is late fees of Rs. 50 per day to a maximum of Rs. 10000 per return. This late fees is not collected automatically but can be demanded by the department through notice.

Second in case of B2B supplies your customer will not be able to see your invoices on their portal and ITC can be disallowed to them

Third you will not be able to file GSTR-9


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register