Late fee waiver
vineesh vn (19 Points)
27 November 2019
sir, is their any chance to waive late fee for defaulters...
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 27 November 2019
| Originally posted by : vineesh vn | ||
 |
sir, is their any chance to waive late fee for defaulters... |  |
As per my view
>>> NO <<<
Kapadia Pravin
(17259 Points)
Replied 27 November 2019
Which late fee you are talking -
is it under 234F ?
234F late fee is by default and mandatory.
No waiver possible
is it under 234F ?
234F late fee is by default and mandatory.
No waiver possible
vineesh vn
(19 Points)
Replied 27 November 2019
Sir , I failed to submit returns from last few month,
now late fee showing as the maximum of 10000/- for a month,
kindly advise/help me to come out from this trouble
now late fee showing as the maximum of 10000/- for a month,
kindly advise/help me to come out from this trouble
Kapadia Pravin
(17259 Points)
Replied 27 November 2019
As per GST law, maximum late fees is Rs 10000/- (CGST 5000/- and SGST 5000/-).
If there are any business transactions , you need to disclose by filing all the GST returns. This can be done only if you pay late fees till date.
If there are any business transactions , you need to disclose by filing all the GST returns. This can be done only if you pay late fees till date.
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