if turnover during the FY2017 18 is nil........but itc claimed
................than how to calculate late fee
Menu
late fee OF GSTR9
Replies (2)
As per the Provision of Section 47(2) of the CGST Act 2017 :
"Any registered person who fails to furnish the Annual Return required under Section 44 by the due date shall be liable to pay a late fee of ONE HUNDRED RUPEES for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent. of his turnover in the State or Union territory."
Warm Regards.
"Any registered person who fails to furnish the Annual Return required under Section 44 by the due date shall be liable to pay a late fee of ONE HUNDRED RUPEES for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent. of his turnover in the State or Union territory."
Warm Regards.
means if turnover is 15683 then late fee would be 39.21 & 39.21 ?
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
