We are partnership firm. we are filing quartly gstr 1 return. For quarter ended Sep 2018 status of gstr 1 is showing as submitted as of today. Can we file it now (Filling option is available)? What will be the fees and penalty we have to pay now? Total cgst amount for the said quarter is Rs.1223 ?
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Late Filing fee and penalty for GSTR-1
Replies (5)
Yes, you can file GSTR1 SEP MONTH NOW, AND PENALITY WILL AUTO POPULATED IN GSTR 3B
Its really risky...how much amount will be populated in 3B? Government can ask for payment of 70000 also as penalty. We should understand and know the exact amount of fess and penalty. Government easily send notice of penalty as amount does not matter for them.
| Originally posted by : gopalakrishna pothunuri | ||
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Yes, you can file GSTR1 SEP MONTH NOW, AND PENALITY WILL AUTO POPULATED IN GSTR 3B |  |
Its really risky...how much amount will be populated in 3B? Government can ask for payment of 70000 also as penalty. We should understand and know the exact amount of fess and penalty. Government easily send notice of penalty as amount does not matter for them.
In 38th GST Council meeting it has been decided to waive late fee in respect of late filing of GSTR 1. So you can file your return without any fear. Also remember that there is an upper limit for late fee.
The GST Council in its 38th Meeting has decided to waive off Late Fees of FORM GSTR-1 levied u/s 47 of the CGST Act 2017 for the period JULY 2017 to NOVEMBER 2019 if all GSTR-1 is filed within "10.01.2020."
No official Notification has been issued yet to give effect the above decision.
No official Notification has been issued yet to give effect the above decision.
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