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Late fee payment

COMMERECE KNOWLEDGE (ACCOUNT MANAGER) (68 Points)

16 May 2018

Hello,

1. If someone has not filed any GST returns ( July 2017 - April2018 ) till today (16-5-2018) then how will late fee payment be calculated?

2. For duration when Late fee was 100 per head (SGST,CGST,IGST) will continue till date of notifiacation or 25 per head from right from October?

3. Rs 5000 per head (SGST,CGST,IGST) maximum is applicable here?

4. Please give detailed calculation of late fee.

5. Can I Carry forward it to current month and keep on filing return of previous month on base of only tax liability amount?

Please reply ASAP, as liability is increasing day by day.

Thanks in advance.

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4 Replies

Mayur (Free Learner) (329 Points)
Replied 16 May 2018

- There will not be no late fees for the period July to Sept. - 17.

- Late fees will be Rs. 50 for normal return and Rs. 20 for nil return.

- Maximum Rs. 5000 for SGST and CGST, no late fees for IGST

- Late fees will be automatically calculated as you files your return.

- You can not file return without payment of late fees so please be quick and file your return at earliest. Beside that keep in mind that if you fails to file GST return for a period of 6 months an officer can revoke your GST registration.

COMMERECE KNOWLEDGE (ACCOUNT MANAGER) (68 Points)
Replied 16 May 2018

THANK YOU VERY MUCH. I need to make challan now, to be paid in bank and then file return of all months, can you please guide on calculation. I dont have e payment facility so that I could go month by month and check amount of penalty.

Ravi SADhiyan (Practice) (4510 Points)
Replied 16 May 2018

Originally posted by : CVSHAH
	THANK YOU VERY MUCH. I need to make challan now, to be paid in bank and then file return of all months, can you please guide on calculation. I dont have e payment facility so that I could go month by month and check amount of penalty.

Late fees will be automatically calculated
When you Filed the return

Mayur (Free Learner) (329 Points)
Replied 16 May 2018

If you can make offline payment in same day then you can generate challan for late fees as shown in "Interest and Late Fees" tab.

and if you can not make payment in same day then you can add Rs. 10(for nil return) or Rs. 25 (for normal return) in late fees liability for SGST and CGST each.

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