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CMP-08 Late Fee

Anitya ( ) (287 Points)

10 February 2021

Good afternoon members. In CMP-08, there is no mention of Late Fee. Where to fill in the late fee? Do a separate challan required for this?

Thanks

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6 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 10 February 2021

It will be automatically calculated

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Analytic Business Consulting (150 Points)
Replied 10 February 2021

Late fees shall be automatically prefilled in next returns, and interest on late payments shall be paid and entered in the Respective Quarter Returns.

I hope that your query was answered.

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Anitya ( ) (287 Points)
Replied 10 February 2021

I have filed GSTR-4 for 4th quarter 2018-19 on 9th Feb. 2021. Now from 1st quarter 2019-20, CMP-08 is applicable. Where will I have to deposit fee for late filing of GSTR-4 for 4th quarter 2018-19?

Analytic Business Consulting (150 Points)
Replied 10 February 2021

Whether you had filed CMP-08 for Quarter 1 of 2019-20 ? Most probably the late fee payable shall be auto populated to the next return (ie, Q1 of 2019-20 in form CMP-08) if the GSTR 4 is not filed within due date.

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Anitya ( ) (287 Points)
Replied 10 February 2021

There is no late fee column, while I file CMP-08 of 1st quarter 2019-20, though GSTR-4 for 4th quarter 2018-19 has been filed late.

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Analytic Business Consulting (150 Points)
Replied 10 February 2021

As per my knowledge, Late fees shall be auto populated and it is not filled by us, thus if you cannot see such amounts in the returns then it is better to file as it is by filling necessary information regarding the outward supply and RCM applicable and file the pending returns with interest at the earliest, so, that you could save other quarters late fees.

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