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Mechanism for Late Fees and Interest


AmmA (-)     19 September 2020

AmmA
- 
 26 points

| My Other Post

Hello.

My filing for GSTR 3B have been delayed since Mar 2020 and I am currently liable to pay late fees and interest (even after all the extensions / waivers given by the government). My queries are as follows:

1. For the pending returns of Mar 2020, as per my understanding, I have to pay late fees of Rs. 250 (CGST) + Rs. 250 (SGST) + interest @ 9% from Jul 3 till date (upto max Sep 30). Do I need to include the applicable fee and interest for return of Mar 2020 or Apr 2020? 

2. While preparing the challan for deposit into electronic ledger, I have to provide the split between CGST and SGST, even for interest. Should I divide the 9% above equally (i.e. 4.5% each) for GC and SG? Or it doesn't really matter and I can put it all in CGST section?

3. I would be filing nil returns for the months of Apr and May 2020. Is it correct that late fee is not payable? 

Would appreciate your  responses. 

 

avater

Aditi Kaur (Practising CA)    20 September 2020

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AmmA (-)     21 September 2020

AmmA
- 
 26 points

View Profile | My Other Post

hi. Any response for this?


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