Ashwini Kalbhor (Tax Practitioner) (104 Points)
16 June 2021Hello,
I want to file GSTR 3B for April 21, please tell me how is the interest calculated and is there any late fee for QRMP scheme and for Non - QRMP Scheme ? I will be file return till 21/06/2021
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 17 June 2021
GST Late fees applicable under the amnesty scheme for Form GSTR 3B
The scheme is available for GST returns to be filed for July 2017 to April 2021. The return must be filed in the period 01.06.2021 to 31.08.2021
- In case of Nil Return (No tax liability for the said tax periods) - Maximum Late fee capped: Rs. 500/- (Rs. 250- each for CGST & SGST) per return
- In case of Return is not Nil (Tax liability is there for the said tax periods) - Maximum Late fee capped: Rs.1,000/- (Rs. 500- each for CGST & SGST) per return
Ashwini Kalbhor
(Tax Practitioner)
(104 Points)
Replied 17 June 2021
late fee is applicable for QRMP Scheme also ? and interest calculation is to be done ?
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(602 Points)
Replied 17 June 2021
Waiver of late fees and reduction of interest amount is dependent on your turnover, So pls let me know your turnover
Ashwini Kalbhor
(Tax Practitioner)
(104 Points)
Replied 17 June 2021
Turnover is around Rs. 20 Lakhs.
kumar rajat
(285 Points)
Replied 17 June 2021
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