Late fee for the month of july till date

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31 Points Posted on 18 November 2020
i have not filed gst returns from july to till date... what will be my interest , late applicable for that period
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On 18 November 2020 at 10:51 Report
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Quick Summary
If you haven't filed your GST returns for July and subsequent months, interest and late fees will apply. For returns with tax liability, expect a late fee of £50 per day (£25 CGST + £25 SGST). If you have a nil tax liability, the late fee is reduced to £20 per day (£10 CGST + £10 SGST).

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Accountant
3662 Points Posted on 18 November 2020
Which Year
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On 18 November 2020 at 22:33
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Student
23693 Points Posted on 18 November 2020
Late Fees of Rs. 50 per day [ Rs. 25 under CGST + Rs. 25 under SGST ] will be levied from the Original Due Date of filing July month's Return till the date of filing the Return, incase there is any Tax liability.

But if there is no tax liability ( i.e. NIL RETURN ), then Late Fees @ Rs. 20 per day [ Rs. 10 under CGST + Rs. 10 under SGST ] shall be levied...
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On 18 November 2020 at 23:12

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