Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Late filling of 3B

179 views

Save Share

Harish Ghelani

17 Points Posted on 06 February 2021

I have not filled the monthly return of GST since May 2020.
what amount of panelty is applicable.
and what to do to avoid panelty.

Replies (4)

Quick Summary

This discussion addresses the penalties for late filing of the monthly GST 3B return. A penalty of £20 per day applies for nil liability and £50 per day for taxable liability, along with 18% annual interest on tax due. It's advised to file the returns as soon as possible to avoid further penalties and potential notices from the authorities.

18E0343 V Pradhish

243 Points Posted on 06 February 2021

You have to pay late fees for each month till date of filing - late fee will be auto populated in website according to your return Nil/taxable.

File the return ASAP to avoid notices.

Harish Ghelani

17 Points Posted on 06 February 2021

Thanks V Pradhish ji..

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 06 February 2021

GSTR 3B is a monthly self-declaration regarding actual tax paid, to be filed by a registered assessee. Under the law, if not filed within the stipulated date, a penalty of ₹50 per day is levied, if assessee has any tax liability due and ₹20 per day in case of ‘nil’ liability. In case of tax due, interest at the rate of 18 per cent is levied.