If I have not filed return for two months whether I am liable for any penalty??
Because as per sec 73(11) if any self assessed tax not paid within 30 days is liable to penalty.
and in gst without payment of tax it is not possible to file return.
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Peanlty under gst
Replies (1)
Dear
Yes you are correct ...But penalty under Sec73(11) is not payable in case of delayed filing of Returns (GSTr 3B) as clarified in Circular 76/50/2018 dated 31/12/2018 , it's prescribed in Circular that provision of sec 73 is not invoked in case of delayed filing of return because tax along with Applicable interest has already been paid but after due date for payment of such tax.
So it is clarified that penalty under section 73(11) is not payable in such cases
Yes you are correct ...But penalty under Sec73(11) is not payable in case of delayed filing of Returns (GSTr 3B) as clarified in Circular 76/50/2018 dated 31/12/2018 , it's prescribed in Circular that provision of sec 73 is not invoked in case of delayed filing of return because tax along with Applicable interest has already been paid but after due date for payment of such tax.
So it is clarified that penalty under section 73(11) is not payable in such cases
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