GSTR-4 PEND RET

Hey Hemant! Here’s the info you need on late fees for GSTR-4 for FY 2021-22 & 2022-23 if filed late this year for a composition dealer with turnover ₹24 lakh:

GSTR-4 Late Fee Details

• Who files GSTR-4?
  Composition dealers file GSTR-4 annually.

• Due date:
  Usually, the due date for filing GSTR-4 is 30th April following the end of the financial year.

  • For FY 2021-22 → Due date: 30th April 2022

  • For FY 2022-23 → Due date: 30th April 2023

Late Fee as per GST Rules:

• Late fee is ₹200 per day (₹100 CGST + ₹100 SGST) for each day of delay.

• For turnover up to ₹1.5 crore, this is the standard penalty.

• For turnover above ₹1.5 crore, the late fee can be higher, but since your turnover is ₹24 lakh (which is below ₹1.5 crore), ₹200/day applies.

Calculation for Late Fees

• Calculate number of days delayed from the due date till the actual filing date.

• Multiply days delayed × ₹200.

Example:

• If you file GSTR-4 for FY 2021-22 on 15th August 2025:
  Days late = (15 August 2025) – (30 April 2022) ≈ 837 days
  Late fee = 837 × ₹200 = ₹1,67,400

• Similarly calculate for FY 2022-23 from 30th April 2023.

Important Notes:

• Maximum late fee can be capped in some states, but generally, the ₹200 per day rule applies.

• Interest on tax payable will also be applicable separately.

• It’s best to file ASAP to minimize penalties.