Regarding late fee

21 December 2018

my due date for filing gst 1 return is 10.09.18 but I did not file the return till now. what is the amount of late fee

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7 Replies

Aman Kumar (Accounts Executive) (734 Points)
Replied 21 December 2018

GSTR-1 and GSTR-3B Late Fee: Rs. 25 per day of delay Rs. 10 per day of delay (for NIL return) Maximum of Rs. 5000/- in both the cases

when you prepare GSTR-3B Details in next month in GST Portal,Late fees/Interest AutomaticallyCalculated by GST Portal

RAJA P M ("Do the Right Thing...!!!") (115460 Points)
Replied 21 December 2018

Which month return...?

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kundan singh (99 Points)
Replied 21 December 2018

August month 2018 gstr1

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RAJA P M ("Do the Right Thing...!!!") (115460 Points)
Replied 21 December 2018

The due date is 31st October 2018. The Late Fee start From 1st November 18.

You can calculate as per above said activity...

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Shivam RC (Student) (23631 Points)
Replied 21 December 2018

Agree with Raja Sir...

The due date of filing GSTR 1 for the period from July 2017 to September 2018 was extended till 31st October 2018 vide Notification No. 43/2018, CT dated 10-09-2018 ( for taxpayers having aggregate turnover upto Rs. 1.5 Crore ) and Notification No. 44/2018, CT dated 10-09-2018 ( for taxpayers having Aggregate Turnover more than Rs.1.5 crore ).

You just have to calculate LATE FEES from 1st November 2018 onwards as mentioned below :

For NIL Return : Rs.20 per day ( Rs. 10 per Act )

For Tax Liability Return : Rs. 50 per day ( Rs. 25 per Act ).

Regards.

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