if turnover during the FY2017 18 is nil........but itc claimed
................than how to calculate late fee
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 ?
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