GSTR 9 FY 2023-24
TURNOVER 5 CR BELOW
LATE FEE
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GSTR 9 FY 2023-24 LATE FEE
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Here’s the latest info (as of FY 2023-24) on late fee for GSTR-9 when turnover is ₹5 crore or below:
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The late fee per day of delay = ₹50/day (i.e. ₹25 under CGST Act + ₹25 under SGST Act).
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Maximum late fee is capped at 0.04% of turnover (i.e. 0.02% CGST + 0.02% SGST).
- Since your turnover is “5 Cr below” (i.e. ≤ ₹5 crore), this slab applies.
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