Gstr 9 late fee and penalty
WebMay 29, 2024 · The late fee for non-furnishing of GSTR-3B for July 2024 to April 2024 has been capped at Rs 500 per return for those taxpayers who did not have any tax liability. For those with tax liability, a maximum of Rs 1,000 per return late fees will be charged, provided such returns are filed by August 31, 2024. WebRationalisation of late fee for GSTR-9 and Amnesty to GSTR-9 non-filers-----WhatsApp Group and Telegram Group joinin...
Gstr 9 late fee and penalty
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WebReduction in Late Fee for GSTR 9 has been notified. Refer to the image for details Moreover the Government has released various GST notifications to reduce… WebThe CBIC has released the GST amnesty scheme for GSTR-9 and 9C for the year 2024. The scheme provides relief to taxpayers by reducing late fees and penalties for non …
WebJun 23, 2024 · Previous tax and late fee are summed up in GST-3B, GSTR-7, GSTR-8, GSTR-5, GSTR-6, GSTR-4, GSTR-5A. Amount of late fee is calculated on the basis of the number of days of delay in paying GST. … WebSuraj Kumar’s Post Suraj Kumar CEO/Founder of RTS Professional Study 1w
WebFeb 28, 2024 · About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright … WebOther GSTR 9 Issues Not Addressed. Besides the ones mentioned above, taxpayers have been experiencing other problems while filing their GSTR 9: Negative values can only be …
WebJan 30, 2024 · Hence for GSTR-9 the Late fees both under SGST and CGST is Rs. 200 per day subject to the maximum as mentioned above. There is No late fee for delayed filling of GSTR-9C and further there is no specific penalty for GSTR-9C in the GST Act. So for this purpose we have to study the General Penalty Section 125. 125.
WebAug 21, 2024 · The late fees for not filing the GSTR 9 within the due date is Rs 100 per day, per act. That means late fees of Rs 100 under CGST and Rs 100 under SGST will be applicable in case of delay. Thus, the total … china construction bank shenzhen swift codeWebReduction in Late Fee for GSTR 9 has been notified. Refer to the image for details Moreover the Government has released various GST notifications to reduce… grafton county tax collectorWebdeclared here. Table 6B of GSTR-1 may be used for filling up these details. 5C Aggregate value of supplies made to registered persons on which tax is payable by the recipient on … china construction bank tian guoliWebFeb 2, 2024 · Taking into consideration the intention of the apex court, it is earnestly requested to please grant a waiver of late fees u/s 47 and penalty u/s 125 for filing of … china construction bank suzhou branchWebNov 28, 2024 · It's important to file your GST Returns on-time and requires a discipline to avoid getting into Penalties and late filing interests on GST. ... Late Fees; 1. GSTR 3B, GSTR 1 and GSTR 4 (If there are Sales) Rs 50 per day up to a maximum of Rs 10,000: 2. GSR 3B, GSTR 1 and GSTR 4 (Nil Return) china construction bank tax loanWebMar 6, 2024 · For financial years up to 2024-22, the late fees for not filing the GSTR 9 within the due date was Rs 100 per day, per act. That means late fees of Rs 100 under CGST and Rs 100 under SGST were applicable in case of delay. Accordingly, the total liability was … 31st December of next FY, either with or after filing GSTR-9* Late fees & penalty: … china construction bank torontoWebMay 5, 2024 · What is the late fee and Penalty on GSTR-9 And GSTR-9C? GSTR-9. The late fees for failing to pay the yearly return by the due date are Rs. 200 per day. This … grafton court wealth management ltd