WebOct 15, 2024 · What is the penalty for late filing of GSTR 9? The taxpayer has to be really careful when it comes to the filing of GST returns as timely filing saves him from heavy … WebApr 12, 2024 · 5. Timely filing of returns: Timely filing of returns is crucial for claiming ITC. Late filing or non-filing of returns can lead to the denial of ITC. Businesses may also face penalties and interest charges for late filing or non-filing. Solution: Businesses should ensure that they file their returns on time, without any delays. They should ...
Fine or Penalties for Late Filing of GST Returns.docx
WebJan 21, 2024 · Late fee for not filing GSTR9C within due date is Rs. 50,000/- , that is CGST Rs.25,000/- and ... WebApr 1, 2024 · You will be charged a maximum penalty of Rs. 5000. Do remember that if you Fail to file GSTR-4 for a particular quarter, you will not be allowed to file it the next quarter either. According to the latest notification No. 73/2024 – Central Tax late fees for GSTR-4 has been reduced to Rs. 50 per day. boniva and headache
GSTR 9: Due date to late fee; all that you need to know about …
WebSection 19: In this section, you must provide details about the payable late fees . How to Check GSTR-9 Filing Status. ... GSTR 9 Late Fees and Penalty. In case you are unable to … WebApr 4, 2024 · Penalty for Late Filing of GSTR 10. If you Fail to file the return on the due date, you will receive a notice regarding the same. You will be granted 15 days for filing the returns. If you fail to file the return despite the notice period, you will be charged with both interest and penalty. Also, there are chances that the tax office will pass ... WebMar 7, 2024 · What are the late fees in GSTR 9? In case of a delay in filing GSTR 9 returns, a penalty of INR 100/day (under SGST) and INR 100/day (under CGST) is levied. There is no late fees under IGST. The maximum possible fine will be an amount calculated at a quarter percent of the total turnover of the taxpayer in the respective State or UT. boniva and jaw pain