what will be the late fees for filling gst3b of the periods of feb 20 to June 20. would it be 500 pm or 50 rs per day after due date.
what is the due date for the same period?
please see the late fees chart for applicability.
4 Replies
Shivam RC
(Student)
(23683 Points)
Replied 27 November 2020
The Late Fees shall be be Rs. 50 per day ( Rs. 25 under CGST + Rs. 25 under SGST ), incase of "Liability Return" and in case of "NIL RETURN" it will be Rs. 20 per day ( Rs. 10 under CGST + Rs. 10 under SGST ). However the Maximum Late Fees that can be charged per return per month is Rs. 5,000/-
The GST Amnesty Scheme ended on 30th September, 2020. So you cannot avail the benefit of Rs. 500 per Return per month.
The due date to file FORM GSTR-3B is 20th of the following month. Incase of Small Taxpayers ( having aggregate turnover upto Rs. 5 crores ), the due date is 22nd and 24th of the following month for Category I and Category II States respectively.
The GST Amnesty Scheme ended on 30th September, 2020. So you cannot avail the benefit of Rs. 500 per Return per month.
The due date to file FORM GSTR-3B is 20th of the following month. Incase of Small Taxpayers ( having aggregate turnover upto Rs. 5 crores ), the due date is 22nd and 24th of the following month for Category I and Category II States respectively.
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(604 Points)
Replied 27 November 2020
Right now GST amnesty scheme is over on 30th September ..so now normal late fees at 50 or 10 (in case of nil return) will be applicable .
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 27 November 2020
If Nil Return - 20 per day
If Transactions - Rs. 50 per day
Maximum late fees 10000 per return per month under CGST Act - 5000 and SGST Act - 5000
If Transactions - Rs. 50 per day
Maximum late fees 10000 per return per month under CGST Act - 5000 and SGST Act - 5000
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