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Wednesday, January 24, 2018

Late fee details for belated submission of GST returns in India

LATE FEE PAYABLE FOR BELATED SUBMISSION OF TAXABLE RETURNS AND NIL RETURNS UNDER GST

The Goods and Services Act, 2017 came into force in India with effect from 1.7.2017.

At present the following GST returns are made available for online filing and due dates fixed in GST common portal.   In some cases relaxed due dates are also made.

Belated submission of GST returns will attract late fee as shown below:


RETURN TYPE
RUPEES 25.00 FOR EVERY DAY UNDER CGST AND SGST/UTGST ACTS SEPARATELY DURING WHICH SUCH FAILURE CONTINUES
RUPEES 10.00 FOR EVERY DAY UNDER CGST AND SGST/UTGST ACTS SEPARATELY DURING WHICH SUCH FAILURE CONTINUES
RELEVANT NOTIFICATION
NUMBER
GSTR-3B
Failure to furnish tax payable return
(October 2017 onwards)
Failure to furnish NIL tax payable return
(October 2017 onwards)
64/2017
GSTR-1 MONTHLY
Failure to furnish tax payable return
Failure to furnish NIL return
4/2018
GSTR-1 QUARTERLY
Failure to furnish tax payable return
Failure to furnish NIL return
4/2018
GSTR-4 QUARTERLY
Failure to furnish tax payable return
Failure to furnish NIL tax payable return
73/2017
GSTR-5
Failure to furnish tax payable return
Failure to furnish NIL tax payable return
5/2018
GSTR-5A
Failure to furnish tax payable return
Failure to furnish NIL tax payable return
6/2018
GSTR-6
Failure to furnish tax payable return

------
7/2018


The relevant Notifications are given below for ready reference:

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section
(i)]


Government of India Ministry of Finance Department of Revenue
Central Board of Excise and Customs

Notification No. 64/2017 – Central Tax

New Delhi, the 15th November, 2017

G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR-
3B for the month of October, 2017 onwards by the due date under section 47 of the said Act, which is in excess of an amount of twenty five rupees for every day during which such failure continues:

Provided that where the total amount of central tax payable in the said return is nil, the amount of late fee payable by such registered person for failure to furnish the said return for the month of October, 2017 onwards by the due date under section 47 of the said Act shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.





[F. No. 349/58/2017-GST(Pt)]




(Dr.Sreeparvathy S.L.) Under Secretary to the Government of India


[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section
(i)]
Government of India Ministry of Finance (Department of Revenue)
Central Board of Excise and Customs


Notification No. 4/2018 – Central Tax


New Delhi, the 23rd January, 2018


G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable by any registered person for failure to furnish the details of outward supplies for any month/quarter in FORM GSTR-1 by the due date under section 47 of the said Act, which is in excess of an amount of twenty-five rupees for every day during which such failure continues:
Provided that where there are no outward supplies in any month/quarter, the amount of late fee payable by such registered person for failure to furnish the said details by the due date under section 47 of the said Act shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.



[F. No.349/58/2017-GST(Pt.)]




                                                                                                                           (Dr. Sreeparvathy S.L.)
                                                                                           Under Secretary to the Government of India 

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section
(i)]

Government of India Ministry of Finance (Department of Revenue)
[Central Board of Excise and Customs] Notification No. 73/2017 – Central Tax

New Delhi, the 29th December, 2017

G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable under section 47 of the said Act, by any registered person for failure to furnish the return in FORM GSTR-4 by the due date, which is in excess of an amount of twenty five rupees for every day during which such failure continues:

Provided that where the total amount payable in lieu of central tax in the said return is nil, the amount of late fee payable under section 47 of the said Act, by any registered person for failure to furnish the said return by the due date shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.



[F. No. 349/58/2017-GST(Pt.)]





(Ruchi Bisht) Under Secretary to the Government of India

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section
(i)]
Government of India Ministry of Finance Department of Revenue
Central Board of Excise and Customs


Notification No. 5/2018 – Central Tax


New Delhi, the 23rd January, 2018


G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR-
5 by the due date under section 47 of the said Act, which is in excess of an amount of twenty- five rupees for every day during which such failure continues:
Provided that where the total amount of central tax payable in the said return is nil, the amount of late fee payable by such registered person for failure to furnish the said return by the due date under section 47 of the said Act shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.



[F. No.349/58/2017-GST(Pt.)]




(Dr. Sreeparvathy S.L.) Under Secretary to the Government of India


 [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section
(i)]
Government of India Ministry of Finance Department of Revenue
Central Board of Excise and Customs


Notification No. 6/2018 – Central Tax


New Delhi, the 23rd January, 2018


G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR-
5A by the due date under section 47 of the said Act, which is in excess of an amount of twenty-five rupees for every day during which such failure continues:
Provided that where the total amount of integrated tax payable in the said return is nil, the amount of late fee payable by such registered person for failure to furnish the said return by the due date under section 47 of the said Act shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.



[F. No.349/58/2017-GST(Pt.)]




(Dr. Sreeparvathy S.L.)  
Under Secretary to the Government of India


[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section

(i)]

Government of India Ministry of Finance Department of Revenue

Central Board of Excise and Customs



Notification No. 7/2018 – Central Tax


New Delhi, the 23rd January, 2018


G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable by any registered person for failure to furnish the return in FORM GSTR-
6 by the due date under section 47 of the said Act, which is in excess of an amount of twenty- five rupees for every day during which such failure continues.


[F. No.349/58/2017-GST(Pt.)]




(Dr. Sreeparvathy S.L.) Under Secretary to the Government of India

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