watch_later 21/03/18

What are the late fees and penalties under gst regime for non filing of quarterly return and non filing of monthly GSTR3B .  how to calculate late fees and penalties and create challan.  

1 Response | Latest response: 22/03/18 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 22/03/18

If you do not file your returns on time then late filing fee will be Rs. 50 per day and if it is a nil return then late filing fee will be Rs. 20 per day.

You need to also pay 18% interest on late payment of taxes and 24% for wrong utilisation of input tax credit.


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