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Late fine under GST

md sajruddin khan (full details of gst and hsn code) (233 Points)

19 June 2018

If a dealer registered under GST in July 2017, but no file Gstr for any month
so what will be penalty
please guide me

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11 Replies

R. B. Yadav (CMA, LLB) (Tax Consultant) (590 Points)
Replied 19 June 2018

Rs.50 per day will be charged as late fees for every return which is due but not filed.

if it is nil nil return, Rs. 20 per day will be charged.
Pls note that there was an exemption for jul & aug return for some time. check that exemption and adjust ur late fees accordingly
Thanks,
Rajbir yadav,
M- 9540721100

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Ravi SADhiyan (Practice) (4510 Points)
Replied 19 June 2018

Jul-Sep17 No Late Fees Applicable

After Sep-17 GSTR-3B Below mentioned Late fees applicable

Rs.50 per day will be charged as late fees for every return which is due but not filed.

if it is nil nil return, Rs. 20 per day will be charged.

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Vinod Babu (24191 Points)
Replied 19 June 2018

Late Fee is applicable for GSTR 3B and GSTR 1* returns of we filed after due date...

For both (GSTR 3B and GSTR 1) returns late fee as following...

If Nil Return - Rs 20 (CGST Rs 10 and SGST Rs 10)

Other than Nil return Rs 50 (CGST Rs 25 and SGST Rs 25)

Note:
In current situation GSTR 1 return's late fee not imposed...

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 June 2018

Originally posted by : Vinod Babu

Late Fee is applicable for GSTR 3B and GSTR 1* returns of we filed after due date... For both (GSTR 3B and GSTR 1) returns late fee as following... If Nil Return - Rs 20 (CGST Rs 10 and SGST Rs 10)Other than Nil return Rs 50 (CGST Rs 25 and SGST Rs 25)

Note:In current situation GSTR 1 return's late fee not imposed...

Dear Mr Vinod Babu.,

(Note:In current situation GSTR 1 return's late fee not imposed... )

The Late Fee is also applicable for GSTR 1. We will calculate manually and Payable....

Just it's not calculated automatically in GSTR 3B. But, don't be leave it without pay if Late filed GSTR 1...

Vinod Babu (24191 Points)
Replied 19 June 2018

But if you calculated and paid in cash ledger, How will the liability late fee of gstr1 reduces in cash Ledger at time of offsetting liabilities in 3B.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 June 2018

Originally posted by : Vinod Babu
	But if you calculated and paid in cash ledger, How will the liability late fee of gstr1 reduces in cash Ledger at time of offsetting liabilities in 3B.

Pls check out my reply again...

Vinod Babu (24191 Points)
Replied 19 June 2018

My question is that " Late fee calculated manually for GSTR 1and remitted the same in cash ledger".
While submitting 3B returns for may18, will the late fee remitted for gstr1 is offsetted in 3b. I don't think so. Will... After filing 3B, the late fee remitted for gstr1 will remain in cash ledger or not.

Please tell me.

JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
Replied 19 June 2018

and interest also applicable - 18 % p.A

1 Like

md sajruddin khan (full details of gst and hsn code) (233 Points)
Replied 19 June 2018

Thanks all for your important reply,

but have any chance to refund this penalty amount
please clearfy

Vinod Babu (24191 Points)
Replied 20 June 2018

Late fee who ever paid till sep 2017 (before deferrring the late fee till sep17), the late was credited to tax payer's cash ledger.

The late fee paid for rest of the month may be in future date credited to cash ledger or not by the department. No sure about it. Any way wait and see for it.

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s taxation (2 Points)
Replied 01 January 2022

If a dealer registered under GST but no file Gstr for any month so what will be late fine applicable
minimum 500 or 1000 and per day Rs.20 ya Rs.50 who's applicable late file
please help me