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Late fees and interest

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Deepthinker

33 Points Posted on 15 February 2020

what is the late fees and interest in case of late filling of nil gstr 1 for month of Jan 2020??

Replies (5)

Quick Summary

This discussion clarifies the late fees and interest applicable for a nil GSTR-1 filing in January 2020. Initially, the late fee was Rs. 200 per day (Rs. 100 CGST, Rs. 100 SGST). However, recent updates indicate a reduction to Rs. 50 per day for regular returns and Rs. 20 per day (Rs. 10 CGST, Rs. 10 SGST) specifically for nil returns.

RAJA P M

"Do the Right Thing...!!!"

128162 Points Posted on 15 February 2020

Originally posted by : Deepthinker
	what is the late fees and interest in case of late filling of nil gstr 1 for month of Jan 2020??

Late Fees and Penalty

Late Fees for not filing GSTR-1 is Rs. 200 per day of delay (Rs. 100 as per CGST Act and Rs. 100 as per SGST Act. The late fees will be charged from the date after the due date.

Latest Update: The late fees have been reduced to Rs. 50 per day and Rs 20 per day (for nil return)