Late Fees For GSTR-9 and 9C

What is the Late Fees applicable on Delay Filing of GSTR-9 and 9C?
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Quick Summary
This discussion clarifies the late fees applicable when filing GSTR-9 and GSTR-9C after the deadline. For businesses with an aggregate turnover exceeding two crore rupees, these forms are mandatory. The due date for FY 2019-20 was extended to 28th February 2021, with a daily penalty of Rs. 100 applicable for each day of delay until the return is filed.

Every registered person whose aggregate turnover during a financial year exceeds two crore rupees shall get his accounts audited as specified under sub-section (5) of section 35 of the CGST Act, and shall furnish a copy of the audited annual accounts and a reconciliation statement, duly certified, in FORM GSTR-9C.

The due date to file GSTR-9 & GSTR-9C for the FY 2019-20 has been extended up to 28th February 2021.

every day Rs.100/- fine till return filing update.

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