Penalty in case of Composition dealers
Nikita Rane (42 Points)
07 December 2019Initially while filing Gstr-4 , late fees if Rs. 200 per day and Interest @ 18% pa was applicable of return was not filed within due date. This penalty was calculated automatically.
Now, as per New form Cmp-08
interest amount is not shown automatically..
So we need to calculate???
whereas, late fees has been waived off???