GSTR 1 Late Fee Details

501 views
User Avatar

Accountant
86 Points Posted on 21 April 2021

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

 

0 Reply Share Follow
On 21 April 2021 at 00:13 Report
Replies (3)
Quick Summary
This discussion clarifies the applicability of late fees and interest on GSTR 1 filings, specifically for the month of March 2021, after a one-day delay. While late fees are indeed applicable for GSTR 1, they are not automatically calculated in GSTR-3B. However, the government can still demand payment of these late fees, potentially through a DRC-03 notice.

User Avatar

30 Points Posted on 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.
Reply
On 21 April 2021 at 05:05
User Avatar

GST Consultant
15986 Points Posted on 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.
Reply
On 21 April 2021 at 05:31
User Avatar

Chartered Accountant
24588 Points Posted on 21 April 2021
Agree with zafar
Reply
On 21 April 2021 at 05:55

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Last Date To Fill ITR For Non-Audit Case
  2. Guidance Required on Filing Fresh Registration und
  3. IT Return Refund Status AY 2026-27
  4. Clarification Regarding Income Tax Demand Notice
  5. Online PAN Download: Check How?
  6. Demand of Late fee/Interest under section 75 of GS
  7. DSC registration on TRACES portal
  8. Can we get registered for MCA if we get a Virtual
  9. DONATION PAYMENT REG
  10. GST IDS Refund – Statement 01A: Invoice Not

More recent discussions | Post

Related Topics :

Loading