Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

Late fee for gstr-4

Anitya (Accounts Manager) (82 Points)

17 October 2018

Hi Members

What is the fee for late filing of GSTR-4 for the 2nd quarter 2018?

Thanks

Reply
Follow
Share

3 Replies

Nehul (CA) (38 Points)
Replied 17 October 2018

late fees 50 Rupees per day along with interest at 1.5 P.M calculated on daily basis.

Upgrade to CAclubindia Pro. Subscribe Now!

Anitya (Accounts Manager) (82 Points)
Replied 17 October 2018

Thanks Nehul ji. I was in doubt if the late fee was reduced to Rs. 20/50 in case of GSTR-3B only and not for GSTR-4.

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 17 October 2018

Yes... I agreed to Mr Nehul.,

As per Notification No. 73/2017 – Central Tax late fees for GSTR-4 is brought down to Rs. 50 per day (CGST Rs. 25 & SGST Rs. 25) in case of default. Also, the late fees for filing of NIL GSTR-4 is brought down to Rs. 20 per day (CGST Rs 10 & SGST Rs. 10) in case of delay