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| Nil Penalty | |
|---|---|
| Reg Penalty |
Clear Pending Dues at Minimum Cost
As per the GST Law, any registered person is liable to pay late fees in case he makes a delay or fails to furnish outward or inward details in monthly, quarterly, or annual returns within the prescribed due date.
Such a fee is charged for each day during which such a failure continues on the part of the registered taxpayer after the due date to file returns.
Furthermore, a registered taxpayer needs to file NIL returns mandatorily in case there are no transactions for a particular month or a quarter. However, if he makes a delay or fails to furnish details of inward or outward supplies in the NIL Return within the due date, then also, he is also liable to pay a late fee.
GST late payment with interest means an additional amount to be paid by the taxpayers if he fails to make the GST payment while filing GSTR 3B.
Interest has to be paid by every taxpayer who:
If GST is not paid within the due dates of filing return Interest at following rates has to be paid:
| Particulars | Interest |
|---|---|
| Tax paid after due date | 18% p.a. |
| Excess ITC Claimed or excess reduction in Output Tax | 24% p.a. |
GST Late Fees Table
| Type | Period | Fine Amount | Notification Reference | Remarks |
|---|---|---|---|---|
| GSTR 4 | ALL Months | Rs . 20/ – per day | Notification No. 73/2017– Central Tax dt.29.12.2017 | For Returns with NIL Tax Liability |
| GSTR 4 | ALL Months | Rs . 50/ – per day | Notification No. 73/2017– Central Tax dt.29.12.2017 | For Returns with Tax Liability |
| GSTR 6 | ALL Months | Rs . 50/ – per day | Notification No. 7 /2018 – Central Tax dt.23.01.2018 | (CGST + SGST) |
| GSTR 5A | ALL Months | Rs . 20/ – per day | Notification No. 6 /2018 – Central Tax dt.23.01.2018 | For Returns with NIL Tax liability |
| GSTR 5A | ALL Months | Rs . 50/ – per day | Notification No. 6 /2018 – Central Tax dt.23.01.2018 | For Returns with Tax liability |
| GSTR 5 | ALL Months | Rs . 50/ – per day | Notification No. 5 /2018 – Central Tax dt.23.01.2018 | For Returns with Tax liability |
| GSTR 5 | ALL Months | Rs . 20/ – per day | Notification No. 5 /2018 – Central Tax dt.23.01.2018 | For Returns without Tax liability |
| GSTR 1 | All months | Rs. 50/- per day | Notification No. 4 /2018 – Central Tax dtd.23.01.2018 | (CGST + SGST) For Returns with Tax liability |
| GSTR 1 | All months | Rs. 20/- per day | Notification No. 4 /2018 – Central Tax dtd.23.01.2018 | (CGST + SGST) For Returns with NIL Tax liability |
| GSTR 1 | July 17 – November 2019 | Waived off with condition | Notification No. 04/2020–Central Tax dt.10.01.2020 | Applicable only if filed between 19th December, 2019 to 17th January, 2020 |
| GSTR 1 | January 2020 – March 2020 | Waived off, if filed till 30.06.2020 | 33/2020-Central Tax ,dt. 03-04-2020 | Turnover Up to 1.5 Crore |
| GSTR 1 | March 2020 – May 2020 | Waived off, if filed till 30.06.2020 | 33/2020-Central Tax ,dt. 03-04-2020 | Turnover more than 1.5 Crore |
| GSTR 3B | Jul-17 | Waived off | 28/2017 dt.01.09.2017 | - |
| GSTR 3B | Aug-17 | Waived off | 50/2017 dt.24.10.2017 | - |
| GSTR 3B | Sep-17 | Waived off | 50/2017 dt.24.10.2017 | - |
| GSTR 3B | October 2017 Onwards | Rs . 20/ – per day | 64/2017 dt.15.11.2017 | For NIL liability |
| GSTR 3B | October 2017 Onwards | Rs . 50/ – per day | 64/2017 dt.15.11.2017 | For NOT Nil liability |
| GSTR 3B | February 2020 – April 2020 | Waived off, if filed till 24.06.2020 | 32/2020 –Central Tax dt.03.04.2020 | Turnover more then 5Crore. |
| GSTR 3B | February 2020 – March 2020 | Waived off, if filed till 29.06.2020 | 32/2020 –Central Tax dt.03.04.2020 | Turnover more than 1.5 crore and upto 5crore |
| GSTR 3B | April 2020 | Waived off, if filed till 30.06.2020 | 32/2020 –Central Tax dt.03.04.2020 | Turnover more than 1.5 crore and upto 5crore |
| GSTR 3B | February 2020 | Waived off, if filed till 30.06.2020 | 32/2020 –Central Tax dt.03.04.2020 | Turnover upto 1.5 crore |
| GSTR 3B | March 2020 | Waived off, if filed till 03.07.2020 | 32/2020 –Central Tax dt.03.04.2020 | Turnover upto 1.5 crore |
| GSTR 3B | April 2020 | Waived off, if filed till 06.07.2020 | 32/2020 –Central Tax dt.03.04.2020 | Turnover upto 1.5 crore |
| Delay in GST Payment | All months | Interest @18% per day | As per CGST Section 50 | To be calculated On Tax amount from the day of delay till the date of payment |
| Wrong/Excess ITC Availed | All months | Interest @24% per day | As per CGST Section 50 | To be calculated on Reversal Amount till date of reversal. |
| GSTR 9 | All Years | Rs. 200/- per day (CGST+SGST) | As per CGST Section 47 | - |
| GSTR 9A | All Years | Rs. 200/- per day (CGST+SGST) | As per CGST Section 47 | - |
| GSTR C | All years | Up to Rs. 25000/- | As per CGST section 125 | - |
Late fees for GSTR-3B is Rs. 20 (Rs. 10 for CGST and Rs. 10 for SGST) per day for NIL returns and Rs. 50 (Rs. 25 for CGST and Rs. 25 for SGST) in other cases. A return in which there is no sales but has been purchased is also considered as a NIL return. The maximum amount of penalty will be Rs. 10,000 (Rs. 5,000 for CGST and Rs. 5,000 for SGST)for every return. Late fees for GSTR-3B for a month is required to be paid in the next month. You cannot file a month’s return before making payment of late fees of the previous month.
Late fees for GSTR-1 is Rs. 200 (Rs. 100 for CGST and Rs. 100 for SGST) per day. Currently the government is not taking late fees related to GSTR-1. In this calculator we have not considered GSTR-1.
Late fees for GSTR-9 and GSTR-9A is Rs. 200 (Rs. 100 for CGST and Rs. 100 for SGST) per day up to a maximum of 0.50% (0.25% for CGST and 0.25% for SGST) of turnover.
Late fees for GSTR-10 is Rs. 200 (Rs. 100 for CGST and Rs. 100 for SGST) per day. There is no maximum limit on the amount of penalty. Late fees are to be paid to enable filing of your return.
Late fees are payable at Rs. 50/day for the period of default. If there is no sale in a month then late fee at Rs. 20/day is payable
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