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Maximum Late Fees GSTR 10

Registration 1572 views 1 replies

WHAT ARE THE MAXIMUM LATE FEES OF FILING GSTR-10 (FINAL RETURN)? IS THERE ANY AMNESTY SCHEME? 

Replies (1)

The maximum late fee for filing GSTR-10 (Final Return) is Rs. 10,000.

 This return is required to be filed by taxpayers whose GST registration has been cancelled or surrendered, and it must be submitted within three months from the date of cancellation or the date of the cancellation order, whichever is later.

 *Late Fee Details:* - *Per Day Late Fee*: Rs 200 - *Maximum Late Fee*: Rs 10,000 *Amnesty Scheme:* There was an amnesty scheme in place from April 1, 2023, to June 30, 2023, which reduced the maximum late fee for filing GSTR-10 to Rs. 1,000 (Rs. 500 under CGST and Rs. 500 under SGST). This scheme applied to taxpayers with pending GSTR-10 returns for any period.

 It's essential to note that the amnesty scheme is not currently available, and taxpayers are required to file GSTR-10 within the specified due date to avoid late fees and penalties.

 


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