Is there any way to reduce late fees of GST return?
Actually I have not filed the GST return from April 18 and now I got a notice from department for not filing the return.
My question is If I filed nil return for 6 month i.e upto September and show all bill in October month, I have to pay 20 Rs late fees instead Rs 50.
is it correct or not?
Please provide any way to reduce the late fees.
Thanks in advance.
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Late fees
Replies (5)
As per section 12 & 13 it is not correct way to reduce the late fee.
and if you will pay the tax in October month then you have to pay tha interest @ 24% due to excess reduction of output tax.
and if you will pay the tax in October month then you have to pay tha interest @ 24% due to excess reduction of output tax.
so there is no way to reduced the late fees.
Yes... I agreed to Mr Mohit Lodhi...
Also no way for reduce late fee. Better to file earlier....
Also no way for reduce late fee. Better to file earlier....
Now In business filing of gst is more important than purchase and sales
this is not the correct way to file.. they will catch u easily.
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