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Panalty for late payment of tax in gstr 3b

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Manohar Singh

288 Points Posted on 09 November 2021

sir I have filed gstr1 and gstr 3b for the month of sep. 2020 to may 2021.
I have paid tax and late fee liability .
now I have to pay panelty for late payment of tax.

I want to know how to calculate such panelty.

or is there any relief for panelty.

please guide me

thanks in advance

Replies (3)

Quick Summary

This discussion addresses penalties for late GSTR 3B tax payments. The standard penalty is 10% of the tax due, with a minimum of Rs. 10,000, and a maximum of 10% of the unpaid tax. While an amnesty scheme was mentioned for filing returns, it does not offer relief on interest or late filing of GSTR-1.

Rama chary Rachakonda

Master in Accounts & high court Advocate

9620 Points Posted on 09 November 2021

n offender not paying tax or making short payments must pay a penalty of 10% of the tax amount due subject to a minimum of Rs. 10,000. Consider — in case tax has not been paid or a short payment is made, a minimum penalty of Rs 10,000 has to be paid. The maximum penalty is 10% of the tax unpaid.