late fee for 1 year.....for industrial gases [ oxygen ]
fram 1st july 2017 june 2018
If taxpayers do not file their returns within a specified due dates mentioned,they are obliged to pay a late fee of Rs. 50/day i.e. Rs. 25 per day in each case of CGST and SGST (in case of any tax liability) and Rs. 20/day i.e. Rs. 10/- day in each CGST and SGST (in case of Nil tax liability) subject to a maximum of Rs. 10,000/-(both acts) , from the given due date to the actual date when the returns are finally filed.
Anyway you can file returns till sep 17 without late fee as the late fee is waived off from July 17 to sep 17.
CAclubindia
