GST LATE FILING FEES AND INTEREST WORKING
This query is : Resolved
06 July 2020
Respected Sir,
March 20 GST liability of Rs 13 lacs was payable on 20-04-20 which has not been paid as yet because of which March 20 GSTR-3-B is still pending for filing and hence therewith all the forthcoming returns till June 20 ahead with March 20 standing in que will remain pending for filing.
I shall be highly obliged to you should you kindly let me know please working of interest payable on Rs 13 lacs and late filing fees till today.
Hope you will please guide me and oblige.
March 20 GST liability of Rs 13 lacs was payable on 20-04-20 which has not been paid as yet because of which March 20 GSTR-3-B is still pending for filing and hence therewith all the forthcoming returns till June 20 ahead with March 20 standing in que will remain pending for filing.
I shall be highly obliged to you should you kindly let me know please working of interest payable on Rs 13 lacs and late filing fees till today.
Hope you will please guide me and oblige.
07 July 2020
is your aggregate turnover in the preceding financial year is more than Rs. 5 crore????
07 July 2020
The aggregate turnover in the preceding financial year is NIL.
07 July 2020
After entering & saving all data in GST Portal in require field, the system will automatically calculate the interest & late fees.
07 July 2020
Year ending March 19 the total sales turnover is zero.
Year ending March 20 the total sales turnover is 2.60 crores. The GST holder is a builder. arch 20 GST liability of Rs 13 lacs was payable on 20-04-20 which has not been paid as yet because of which March 20 GSTR-3-B is still pending for filing and hence therewith all the forthcoming returns till June 20 ahead with March 20 standing in que will remain pending for filing. Actually I would like to know here in such case the system will workout interest liability @ 9% or @ 18%. Further what will be the working of late filing fee in such case. System will workout automatically but there should be certain method of system too. That is what I would like to know being a professional.
Year ending March 20 the total sales turnover is 2.60 crores. The GST holder is a builder. arch 20 GST liability of Rs 13 lacs was payable on 20-04-20 which has not been paid as yet because of which March 20 GSTR-3-B is still pending for filing and hence therewith all the forthcoming returns till June 20 ahead with March 20 standing in que will remain pending for filing. Actually I would like to know here in such case the system will workout interest liability @ 9% or @ 18%. Further what will be the working of late filing fee in such case. System will workout automatically but there should be certain method of system too. That is what I would like to know being a professional.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
