If a dealer registered under GST in July 2017, but no file Gstr for any month
so what will be penalty
please guide me
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Late fine under GST
Replies (11)
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.
Pls note that there was an exemption for jul & aug return for some time. check that exemption and adjust ur late fees accordingly
Thanks,
Rajbir yadav,
M- 9540721100
if it is nil nil return, Rs. 20 per day will be charged.
Pls note that there was an exemption for jul & aug return for some time. check that exemption and adjust ur late fees accordingly
Thanks,
Rajbir yadav,
M- 9540721100
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.
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...
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...
| 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...
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.
| 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...
My question is that " Late fee calculated manually for GSTR 1and remitted the same in cash ledger".
While submitting 3B returns for may18, will the late fee remitted for gstr1 is offsetted in 3b. I don't think so. Will... After filing 3B, the late fee remitted for gstr1 will remain in cash ledger or not.
Please tell me.
While submitting 3B returns for may18, will the late fee remitted for gstr1 is offsetted in 3b. I don't think so. Will... After filing 3B, the late fee remitted for gstr1 will remain in cash ledger or not.
Please tell me.
and interest also applicable - 18 % p.A
Thanks all for your important reply,
but have any chance to refund this penalty amount
please clearfy
but have any chance to refund this penalty amount
please clearfy
Late fee who ever paid till sep 2017 (before deferrring the late fee till sep17), the late was credited to tax payer's cash ledger.
The late fee paid for rest of the month may be in future date credited to cash ledger or not by the department. No sure about it. Any way wait and see for it.
The late fee paid for rest of the month may be in future date credited to cash ledger or not by the department. No sure about it. Any way wait and see for it.
If a dealer registered under GST but no file Gstr for any month so what will be late fine applicable
minimum 500 or 1000 and per day Rs.20 ya Rs.50 who's applicable late file
please help me
minimum 500 or 1000 and per day Rs.20 ya Rs.50 who's applicable late file
please help me
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