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Gst late file fees

Mohan Rao (103 Points)

05 November 2020

what is the late filing charges for 2018 19 gstr3b returns , as per new govt rules

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JATINDER KUMAR (Accountant) (3662 Points)
Replied 05 November 2020

If Nil Return - Rs. 20 per day

If Transactions - Rs. 50 per day

Maximum - 10000 per return

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 06 November 2020

For example, a Taxpayer has filed GSTR-3B for the month of December 2017 (due date 20th Jan 2018) on 23rd January 2018.

Amount of late fees to be paid:

Rs. 50` per day 3 days = Rs. 150 (Rs. 75 CGST + Rs. 75 SGST)

If the above return was a return with ‘Zero’ tax liability then late fees would be:

Rs. 20` per day 3 days = Rs. 60 (Rs. 30 CGST + Rs. 30 SGST)

Mohan Rao (103 Points)
Replied 06 November 2020

As per government has reduced late fees amount maximum 500 latest amendment
it is applicable for the above condition

JATINDER KUMAR (Accountant) (3662 Points)
Replied 06 November 2020

Not applicable, amensty scheme closed

debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 06 November 2020

For example, If you fail to pay your tax liability on the due date, you will have to pay additional 1000*18/100*1/365 = Rs. 0.49 per day as of late fee Where Rs. 1000 is the tax liability amount, 1 is the number of delayed days and 18 is the rate of interest (annual).

In case if a taxpayer does not file his/her return within the due dates mentioned above, he shall have to pay a late fee of Rs. 50/day i.e. Rs. 25 per day in each CGST and SGST (in case of any tax liability) and Rs. 20/day i.e. Rs. 10/- day in each CGST and SGST (in case of Nil tax liability) subject to a maximum of Rs. 5000/-, from the due date to the date when the returns are actually filed.