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Late fee waiver

vineesh vn (19 Points)

27 November 2019

sir, is their any chance to waive late fee for defaulters...

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (127977 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 <<<

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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

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

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.