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Relief for Penalty

Cma Saurabh (Cost Accounts) (37 Points)

12 July 2021

If a person get himself registered in GST portal 3 years earlier, and does not file a single gst report till now, now a notice has been sent by tax authorities asking him to pay panelty of upto 1 lakh rupees.

Now for relief in panelty what can he do in this case..?

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12 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 13 July 2021

There will be no relief.. penalty should be paid mandatorily

1 Like

Cma Saurabh (Cost Accounts) (37 Points)
Replied 13 July 2021

Thats what I am also thinking,
Anyways, Thanks for your comment.

Imthias ahamed Kormath (910 Points)
Replied 13 July 2021

Govt declared an Amnesty schedule for this purpose unde gst.

Cma Saurabh (Cost Accounts) (37 Points)
Replied 13 July 2021

Thanks for your reply, I have already seen that amnesty schedule...

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 14 July 2021

What about the business?
If no business did, No chance for Penalty.

It may be the late filing fees.

It's have been file with minimum fees up to 30th August 2021.

Better you approach the concerned GST office.

1 Like

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 14 July 2021

Your welcome

Imthias ahamed Kormath (910 Points)
Replied 14 July 2021

If any data's available before the assessing officer against u ,beside u not filed any request for cancellation of registration till date.

Cma Saurabh (Cost Accounts) (37 Points)
Replied 14 July 2021

This is not my case,
It is one of my friend case, and he did not do any kind of business till now.
And ealier in 2019 he also requested for cancellation of Registration..And yes its late filling fees, which is I think more than 2 lakh rupees..

Now I think amnesty schedule is applicable to him.

Thanks to All..