MANDATORY payment of Late Fee

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7059 Points Posted on 24 October 2024
GSTR1 filing after due date from July 2017 to till date.All Invoices are B2C and Annual Sales Turnover over below ₹10000000 each year.Any late fee paid mandatory in this Case.
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On 24 October 2024 at 19:40 Report
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This discussion clarifies the mandatory payment of late fees for GSTR1 filings submitted after the due date, from July 2017 to the present. It specifically addresses scenarios involving B2C invoices and annual sales turnovers exceeding ₹10,00,000. The consensus is that interest and late fees are indeed liable in such cases.

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CA
64 Points Posted on 24 October 2024

Definitely liable to pay interest and late fees.

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On 24 October 2024 at 20:19
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Professional
87 Points Posted on 25 October 2024

Really Informative

 

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On 25 October 2024 at 08:03

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