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Non filing gst

Akhil (Student CA ) (966 Points)

08 August 2020

sole prop. bus estb in mar and gst registration made in mar....no gst return is filed till now....wat r the consequences

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Sahil (Article) (22 Points)
Replied 08 August 2020

Write properly so we are able to answer.. Thank you..!

Akhil (Student CA ) (966 Points)
Replied 08 August 2020

A sole proprietary business started in mar2020 and gst registration made in march 2020....but till now no gst return is filed....so wat vl b the consequences

CA Raj Doshi (Practising CA) (8723 Points)
Replied 08 August 2020

File Return will applicable late fees and interest. Officer can issue show cause for non filing of registration and then cancel the registration on it own.

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 09 August 2020

You can file all pending Returns with tax payable along with applicable late fees (as it's limited to 500/Nil per month as the case may be up to 30th September, 2020) and interest, if any.

Otherwise, officer can issue show cause notice for non filing of return or also can do best judgement assessment, if required and cancel GST registration on it own.

Shivam RC (Student) (23683 Points)
Replied 09 August 2020

You can file your GST Returns and Statements now with the applicable Late Fees. The Late Fees have also been capped at Rs. 500 for liability Return and Nil for Nil Return provided the Returns are filed within 30th September 2020 ( 30/09/2020 ) for the period July 2017 to July 2020. So you can proceed to file your GST Returns now to take the benefits of reduced rate of INTEREST and LATE FEES.

NOTE : Kindly note that if you do not file your GST Returns for a continuous period of Six months, then the proper officer has the power to CANCEL your GST Registration in accordance with the Provision of Section 29(2) clause (c) of the CGST Act 2017.

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