GSTR 9 FY 2023-24
TURNOVER 5 CR BELOW
LATE FEE
Menu
GSTR 9 FY 2023-24 LATE FEE
Replies (1)
Here’s the latest info (as of FY 2023-24) on late fee for GSTR-9 when turnover is ₹5 crore or below:
-
The late fee per day of delay = ₹50/day (i.e. ₹25 under CGST Act + ₹25 under SGST Act).
-
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.
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
