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Late fees on gstr-3b return

CA Kirti Maheshwari (Chartered Accountant) (151 Points)

17 November 2018

One of my client is registered under GST from Nov 2017 but his turnover is less than Rs.20 lacs. He is engaged in providing Rent a Cab services.As he is registered under GST, return filing is mandatory. But due to some financial issues he was not able to file the return & pay taxes on time & now huge amount of late fees is coming per month i.e. 10000/- per month. Is there any way out how this late fees can be reduced or waived off?

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6 Replies

saurabh sawlani (2157 Points)
Replied 18 November 2018

Better to contact Your Circle Officer who is under Commercial Tax Department.

Gagan Singla (564 Points)
Replied 19 November 2018

late fee is mandatory and can not be waived off. i have also deposited 10000/-each month since october 17 for one of my clients

CA Kirti Maheshwari (Chartered Accountant) (151 Points)
Replied 19 November 2018

But if all the bills i.e. from April 2017 onwards are considered in October 2018 GSTR 3B as only one bill is there in every month & file NIL Return for the same months with late fees as prescribed. As the receipent of service is railway & they not bothered about taking ITC can we go for this option?

In GSTR -1, bill will shown in respective months only as no matching concept has yet been started & client is cancelling registration soon.

Plse advice on this.