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GSTR 1 late fees and interest

Ankit chaturvedi (CA in Practice) (241 Points)

11 August 2020

I am filing today gstr 1 for the month of february 2020 and march 2020 on 11 August 2020. Is there any liability of late fee or interest applicable?

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3 Replies

Ramya Bhat (254 Points)
Replied 11 August 2020

Yes... 250 and 250 each for cgst and sgst

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Ankit chaturvedi (CA in Practice) (241 Points)
Replied 11 August 2020

But I have already filed gstr 3b for february 2020

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 11 August 2020

Yes, late fee of Rs. 50/day (Max.10,000) is applicable on late filing of GSTR 1 but it's not auto reflected in GSTR return, but as per law you are liable to pay late fee if u filed your GSTR 1 after due date.
You can pay voluntary payment or after intimation by jurisdictional officer.