Gstr 4 2019-20 late fees

What is the late fee for gstr 4 FY 2019-20 if we file this year
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Quick Summary
This discussion clarifies the late fees applicable to GSTR 4 filings for the financial year 2019-20. Penalties include a daily charge of Rs. 200, capped at a maximum of Rs. 10,000, along with an 18% annual interest on unpaid taxes. Specific daily rates are Rs. 50 for those with tax liability (Rs. 25 CGST/SGST each) and Rs. 20 for those without (Rs. 10 CGST/SGST each), with a Rs. 5,000 maximum for the latter.

As per Section 47 of Cgst Act its 200/- per day or Maximum is 10000/-

A person who does not pay their taxes before the due dates are subject to an 18% interest rate each year if they do not pay them on time. Taxpayers are charged interest based on how many days they missed out. For a better understanding of the act, please refer to point 50 in chapter 10: https://cbec-gst.gov.in/CGST-bill-e.H T M L If we take the example of someone who missed yesterday's due date, they will have to pay Rs. 0.49 for one day based on the total number of days missed and the payable tax amount. 

If a taxpayer fails to submit their return by the deadlines outlined above, the government will be charged a late fee of Rs. 50 per day, which equates to Rs. 25 per day for each CGST and SGST (if there is any tax liability) and Rs. 20 per day, which equates to Rs. 10 per day for each CGST and SGST (if there is no tax liability), up to a maximum of Rs. 5000

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