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...!!!")
(128101 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
(17264 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
(17264 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.
Recent Topics
- Loss adjust
- GST registration -rent Agreement
- Study partner for CA Final- Jan 26
- Sir, ITC is not showing in GSTR-3B, what to do
- Capital Gains on Industrial Property...
- While making correction in form-26QB getting - Maj
- Late interest penalty of missed invoice forgot to
- LONG TERM CAPITAL GAIN ON HOUSE
- WOS in Mauritius, LRS,Accounting
- AP of Business under gst
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
