25 October 2017
As we know Late fees is waived but what about the Late Fees we already paid? In my case late fees for aug and sept is 3400 CGST 3400 SGST. and now there is liability arising in July for GST Tax CGST 2940 SGST 2940 (Due to incorrect GSTR 1). Govt said that late fees will be converted in TAX. Can i offset my Tax liability through Late Fees. If yes then when this facility will made available.
25 October 2017
yes, you can off set. But the problem is in many cases such a late fees is not yet credited in the ledger. Make a complaint to the call centre
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