GSTR 1 penalty ?

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how much is penalty for late filing of GSTR 1
Replies (9)
200/day as CGST Rs 100 & SGST Rs 100...
Yes as per section 47 of CGST Act , it's 200/- per day for both the act
I think it was reduced from 200 to 50 rs per day
@ Mr Shameem.,

The 50rs reducing not applicable (or notified) to GSTR 1 return...
I think there is no penalty as on date. You should file immediately

Yes GSTR 1 can be filed for the period July 2017 to Nov 2019 without any late filing fee till 17th January 2020.

https://economictimes.indiatimes.com/news/economy/policy/cbic-extends-waiver-of-gstr-1-late-fee/articleshow/73195695.cms?from=mdr

Question for Late Fee of GSTR 1 return. Not, for filing periods of GSTR 1 return and it's date...

Waiver of late fee to be given to all taxpayers in respect of all pending FORM GSTR-1 from July 2017 to November 2019, if the same are filed by 10.01.2020

In the said notification, in the third proviso for the figures, letters and word “10th January, 2020”, the figures, letters and word “17th January, 2020” shall be substituted.


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