Filing your GSTR 1 return late incurs a penalty of Rs 50 per day. While the GST portal may not always demand this immediately, you will likely have to pay if your case is selected for assessment or audit by the department. It's crucial to be aware of these late fees as specified in various notifications.
Yes there is late fee as prescribed in Section 47 , but as such portal does demand . But have to pay when your case will select for any assessment or audit by department.