Late fine under GST

Jul-Sep17 No Late Fees Applicable

After Sep-17 GSTR-3B Below mentioned Late fees applicable 

Rs.50 per day will be charged as late fees for every return which is due but not filed.

if it is nil nil return, Rs. 20 per day will be charged.

 

Originally posted by : Vinod Babu
	Late Fee is applicable for GSTR 3B and GSTR 1* returns of we filed after due date... For both (GSTR 3B and GSTR 1) returns late fee as following... If Nil Return - Rs 20 (CGST Rs 10 and SGST Rs 10)Other than Nil return Rs 50 (CGST Rs 25 and SGST Rs 25)   Note:In current situation GSTR 1 return's late fee not imposed...

Dear Mr Vinod Babu.,

(Note:In current situation GSTR 1 return's late fee not imposed... )

The Late Fee is also applicable for GSTR 1. We will calculate manually and Payable....

Just it's not calculated automatically in GSTR 3B. But, don't be leave it without pay if Late filed GSTR 1...

Originally posted by : Vinod Babu
	But if you calculated and paid in cash ledger, How will the liability late fee of gstr1 reduces in cash Ledger at time of offsetting liabilities in 3B.

Pls check out my reply again...

and interest also applicable - 18 % p.A