Late fees and interest

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what is the late fees and interest in case of late filling of nil gstr 1 for month of Jan 2020??
Replies (5)
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)

20 for cgst and 20 for sgst??
Originally posted by : Deepthinker
20 for cgst and 20 for sgst??

 

Rs. 50 = CGST Rs. 25 & SGST Rs. 25

Rs. 20 = CGST Rs. 10 & SGST Rs. 10

Thanks
Wlcm....


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