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GSTR-3B Late Fees

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Kunal Pansari

Accountant

1037 Points Posted on 06 July 2020

I am trying to file the GSTR-3B of August 2019. My nett liability is 0 as my input is always higher than output. But still it is asking for late fees of Rs. 500

Replies (6)

Quick Summary

This discussion clarifies GSTR-3B late fees, particularly for returns filed between July 2017 and January 2020. Even if your net tax liability is zero due to input tax credits, a late fee of Rs. 500 per return may still apply if filed after the due date but before 30th September 2020. This is because the portal considers the initial liability before set-off. Filing returns promptly is advised to prevent these charges.

shirish aurora

article assistant

53 Points Posted on 06 July 2020

For july 2017 to january 2020 returns late fees of rs. 500 per return will be chargeable , if filed before 30th september 2020

Karthikprasad Shenoy

2 Points Posted on 07 July 2020

Since Central Tax payable is not nil, GSTN portal is asking for late fees which is however restricted to Rs. 250/- each

Kunal Pansari

Accountant

1037 Points Posted on 07 July 2020

Even I don't have any nett liability of Central Tax

Kunal Pansari

Accountant

1037 Points Posted on 07 July 2020

CA Rashmi B

Assistant Manager

787 Points Posted on 07 July 2020

As per the proviso in the notification 52/2020 the waiver of late fees was there for if the total amount of tax payable is Nil for the returns pertaining to July 17 to Jan 2020 filed btw 1st July to Sep 30th 2020. in your case the net cash payable is not there. however liability was there which was set off against credit. therefore Late fees of Rs 500 is applicable