Webb23 feb. 2024 · The assessees filing NIL returns under form CMP 08 will be charged a penalty of Rs. 20 (INR 10/day CSGT and INR 10/day IGST) per day as long as he continues the delay. The late fee can be up to Rs. 5,000 at maximum and no further for all kinds of assessees. 4 Replies to “CMP-08 Return Filing Due Date For January to … Webb16 feb. 2024 · In case of Nil Return the late fee is INR 40 (CGST INR 20 and SGST INR 20) for each day of delay. A interest of 18% per annum is also applicable on the outstanding tax payment. If there are no transactions in the return period, the taxpayer should file a NIL Return to avoid late fee and penalty
GSTR 6 - Meaning, Due Date, Format, Return Filing & Late Fees
Webb20 rader · 24 okt. 2024 · So if there is a delay in filing NIL returns, a late fee is … Webb6 dec. 2024 · After the furnished notification dated February 2024, the late fees shall be taken to impose lower fees of Rs 50 per day and Rs 20 per day towards nil return. You should note that in the GST portal the late fee on the GSTR-1 is not in demand currently since a segment of payment challan in PMT-06 at the time of filing of the GSTR-3B . insulin duration and peak
GSTR 3B: Format, Due Date, Late Fee - Learn by Quicko
Amount of Late fee applicable will automatically be calculated by the GST portal while submitting the GST returns. The Late fee is paid in cash separately for CGST, and SGST in separate electronic cash ledgers. GST return cannot be filed without the payment of the Late fee. Late fee for the month includes previous month’s … Visa mer As per the GST laws, late fee is an amount charged for delay in filing the GST returns. A prescribed late fees will be charged for each day of delay, when a GST registered business misses filing GST returns within … Visa mer Note that the maximum late fees have been rationalised from the month of June 2024 and quarter ending June 2024. As per the 43rd GST … Visa mer 1. What happens if I don’t file GST returns? If you don’t file the GST returns that are required to be filed under the law, then late fees will apply for every day of default that occurs. Further, if there is any tax due, then interest … Visa mer Interest is applicable on late payment of GST liability on the net tax liability after reducing the input tax credit claims. The interest has to be paid … Visa mer Webb30 juli 2024 · If an individual missed the deadline to file an income tax return (ITR), then a late filing fee of up to Rs 5,000 is levied. However, there are certain individuals who can file their ITR without paying a penalty even after the expiry of the deadline. Webb13 apr. 2024 · LLP Form 11 is annual return need to file 60 days from end of financial year. Form 11 option for FY 2024-20 if LLP registered after October 2024; Form 11 mandatory if LLP registered before October 2024; Non filing Late fees Rs. 100 per day; Applicable LLP NIL Turnover insulin during power outage