Gstr 4 2019-20 late fees

752 views 2 replies
What is the late fee for gstr 4 FY 2019-20 if we file this year
Replies (2)
As per Section 47 of Cgst Act its 200/- per day or Maximum is 10000/-

A person who does not pay their taxes before the due dates are subject to an 18% interest rate each year if they do not pay them on time. Taxpayers are charged interest based on how many days they missed out. For a better understanding of the act, please refer to point 50 in chapter 10: https://cbec-gst.gov.in/CGST-bill-e.H T M L If we take the example of someone who missed yesterday's due date, they will have to pay Rs. 0.49 for one day based on the total number of days missed and the payable tax amount. 

If a taxpayer fails to submit their return by the deadlines outlined above, the government will be charged a late fee of Rs. 50 per day, which equates to Rs. 25 per day for each CGST and SGST (if there is any tax liability) and Rs. 20 per day, which equates to Rs. 10 per day for each CGST and SGST (if there is no tax liability), up to a maximum of Rs. 5000


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details