LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

penalty for late filing of GSTR-1

Santosh Dandekar (108 Points)

19 January 2018

what is the penalty for late filling of GSTR-1 for the month August to November?

Reply
Follow
Share

14 Replies

Mr. Singh (497 Points)
Replied 19 January 2018

50 per day

PAWAN (ACCOUNTS TRAINEE) (3 Points)
Replied 20 January 2018

RS. 50/- per day

Arvind Ekbote (2 Points)
Replied 20 January 2018

CGST 100/- Per day
SGST 100/- Per day
Total it will 200 Per day

Satendar Kashyap (126 Points)
Replied 20 January 2018

200 per day but not showing in current...hope they ask for it in next return

RAJA P M ("Do the Right Thing...!!!") (127140 Points)
Replied 20 January 2018

Please refer 25th GST council decisions....

1. Late fee reduction:

For GSTR-1, GSTR-5, GSTR-5A and GSTR-6 the late fees is reduced to Rs. 50 per day

In case of Nil return filed for GSTR-1, GSTR-5, GSTR-5A late fee is reduced to Rs. 20 per day

3 Like

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 20 January 2018

Yes... Agreed to Mr. RAJA P M....

He is said it already previously in some Forums and Experts section....

I appreciate to him...

Thanks for the participating Mr. RAJA P M

PRADEEP KR. MONDAL (Accountant) (156 Points)
Replied 09 July 2018

HOW TO PAY THE PENALTY

RAJA P M ("Do the Right Thing...!!!") (127140 Points)
Replied 09 July 2018

You mean penalty or LATE FEE?

.

.

1 Like

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 09 July 2018

late fee can be paid - off vai gstr_3b

Vinod Babu (24191 Points)
Replied 10 July 2018

If you are paying late fee for GSTR1 in 3B, will that will be setoff to GSTR1 late fee liabilities head.

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 11 July 2018

Originally posted by : PRADEEP KR. MONDAL
	HOW TO PAY THE PENALTY

It's Late Fee. The Late fee pay in the head of "FEE" on Payment Challan.

Vinod Babu (24191 Points)
Replied 11 July 2018

I know how to pay sir. My question is that I paid late fee for gstr1 in 3B, will the late fee amount in cash ledger will be setoff to GSTR1 late fee liabilities.

1 Like

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 11 July 2018

Late fee payable for no of delayed days with challan without delay. If we not paid then it will born with interest. Pay the late fee and set off at the time required gstr3 or gstr9... Better to avoid interest.