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Penalty amount

Jamanur Rahaman (KHOKON) (1 Points)

06 July 2018

my gst registeretion month is july 2017 but i did not file any return. please tell me the penalty amount till now

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 06 July 2018

No more penalties levied for non filing of returns...

But,
Late Fee is applicable for delayed filing of GST Returns...

Late Fee is applicable as per the following;

Nil Return : Rs. 20 (CGST Rs 10 & SGST Rs 10)

Other than Nil Return : Rs. 50 (CGST Rs 25 & SGST Rs 25)

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Ravi SADhiyan (Practice) (4510 Points)
Replied 06 July 2018

Agree With

Mr. Raja Sir.............

KCI CONSULTANCY (CUNSULTANT) (33 Points)
Replied 06 July 2018

Right Suggestion by RAJA Sir.

please go for it. as soon as possible.
other wise you penalty increase day to day.

Vinod Babu (24196 Points)
Replied 06 July 2018

Dear sir, you are liable to file returns as per the GST law after availing GST registration.

If taxpayers do not file their returns within a specified due dates mentioned,they are obliged to pay a late fee of Rs. 50/day i.e. Rs. 25 per day in each case of CGST and SGST (in case of any tax liability) and Rs. 20/day i.e. Rs. 10/- day in each CGST and SGST (in case of Nil tax liability) subject to a maximum of Rs. 10,000/-(both acts) , from the given due date to the actual date when the returns are finally filed.
Anyway you can file returns till sep 17, as the late fee is waived off from July 17 to sep 17.

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