Is late fee and interest applicable for GSTR 1 for the month of march 2021. We have filed one day delay.
Is late fee applicable for this GSTR 1?
Kindly clarify.
Thanks in advance
3 Replies
SHADAB AKHTAR ANSARI
(30 Points)
Replied 21 April 2021
Late fee is implemented in GSTR-1 but still Govt. not calculating that late fee in GSTR-3B, Govt may calculate amd send a notice to pay the late fee amount by DRC-03.
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 21 April 2021
Late fees applicable on late filing of GSTR-1. It is not being auto calculated but it can be demanded by department.
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