PENALTY FOR LATE AMENDMENT IN GST REGISTRATION

Hey Deepak! Regarding late amendment in GST registration:

• Rule: As per GST law, any changes in registration details (like address, partners, business details) must be intimated within 15 days of the change.

• Late Fee / Penalty:
  There is no specific late fee or penalty prescribed for late filing of amendment application itself. However:

  • If you delay the amendment and during that period, your GST returns or compliance suffer due to wrong details, you might attract penalties under general GST provisions.

  • Also, if the delay causes any tax evasion or wrong credit claims, penalty provisions may apply.

• Late fee for return filing (if any) is different and not related to amendment of registration.

Bottom line: File the amendment ASAP once realized. No explicit penalty for late amendment filing, but better to avoid delay to prevent complications.