Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

RETURN PENALTIES

Vijay Baraiya (Advocate) (271 Points)

28 May 2018

What is penalty of GSTR-1 and GSTR-3B ?

Reply
Follow
Share

5 Replies

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 28 May 2018

50/- per day for GSTr1
20/- per day for 3b (nil return)
50/- per day for 3b

Upgrade to CAclubindia Pro. Subscribe Now!

SASIKUMAR THANGAVEL (12 Points)
Replied 28 May 2018

Gstr 1penality how do pay???

RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 28 May 2018

First no more penalty levied for late filing of GST return. It is called "LATE FEE" and in the challan it's also "FEE"...

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...

1 Like