Penalty On Late Filing of GST Return
GSTR filing is mandatory for all the dealers and businesses registered under GST, including those who have nil returns. GSTR filing after the due dates leads to the imposition of late filing fees along with penalty interest.
Late Filing Fees applicable to Intra-State Dealings
Governing GST Act | Late filing fee per day |
Central Goods & Services Act, 2017 | INR 50 |
State Goods & Services Act, 2017 or Union Territory Goods and Services Act, 2017 | INR 50 |
Sum total | INR 100 |
Note: The highest amount of late filing fees for each monthly or quarterly filing cannot be above INR 5000 for each CGST and SGST. Whereas the highest amount imposable as late filing fee for each GSTR 9 cannot be above 0.25% of the annual turnover.
Late Filing Fees applicable to Inter-State Dealings
According to the Integrated Goods and Services (IGST) Act, the penalty for late filing of IGST returns is equivalent to the total of the penalties based on the CGST Act and SGST/UTGST Act. So, the late filing of IGST would sum a fine of INR 200/day. It must be noted that the highest late filing fee for quarterly or monthly IGST return cannot be above INR 10,000 for each filing. Whereas the highest amount of late filing fee for each annual GSTR (GSTR 9) cannot be above 0.25% of the turnover.
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