Gstr 9 late fees section
WebJan 24, 2024 · As per Section 47 of CGST Act, any registered person who fails to furnish the return required under section 44 (annual return GSTR-9 / 9C) by the due date shall be liable to pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent. of his … WebDec 30, 2024 · Persons paying TDS under section 51 of the CGST Act. What is Form GSTR-9? ... The late fee for not filing GSTR 9 within the due date is Rs 100 per day per …
Gstr 9 late fees section
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Web9 rows · Jan 21, 2024 · Annual Turnover upto Rs.1.50 Crores– Late fee Rs.2000/- that is CGST Rs.1000/- and SGST ... WebApr 4, 2024 · CBIC has vide notification no. 02/2024 Dt. 31.03.2024 announced an amnesty scheme for GSTR-4 non-filers whereby the late fees shall not exceed Rs. 500 and no late fees if tax payable is Nil. This scheme has been announced for quarter from July 2024 to March 2024 and from 2024-20 to 2024-22. Relevant extract of notification is as under:
WebFORM GSTR-4 is NIL. The late fees waiver is for the registered person who fails to furnish return in FORM GSTR-4 for the quarters from July, 2024 to March, 2024 or for the F.Y. 2024- ... and late Fee under Section 47 of the CGST Act. This is irrespective of whether appeal has been filed or not against such assessment order, or the appeal, if ... WebApr 1, 2024 · Now, the CBIC vide Notification No. 07/2024 – Central Tax dated March 31, 2024 has reduced the amount of late fees for filing the return under section 44 of the …
WebJan 2, 2024 · GSTR-9 filed on 02.01.2024 – Late Fees of Rs.400 shall apply. (Rs.200 for 2 days) GSTR-9C filed on 05.01.2024 – Late Fees of Rs.600 shall be applied. (Rs.200 for 5 days less Rs.200 for 2 days … WebThe CBIC vide Notification No. 07/2024 – Central Tax dated March 31, 2024, has reduced the amount of late fees for filing the return under section 44 of the ...
WebLate fees for GSTR 9 Delayed filing. Late fee @ INR 100 per day under CGST Act and @ INR 100 per day under SGST Act i.e. INR 200 per day may be applicable for belated …
WebApr 10, 2024 · GSTR-9 Non-Filing Amnesty Scheme: All You Need to Know. The Central Board of Indirect Taxes and Customs (CBIC) has finally announced the GSTR-9 amnesty scheme, bringing relief to non-filers of the Goods and Services Tax (GST) annual returns. The Central Tax notification 07/2024, was issued on 31st March 2024, with significant … medical west walkersWebLate Fees for GSTR 9 Late fee @ INR 100 per day for CGST and @ INR 100 per day for SGST i.e. Rs. 200 per day from the last date of filing will be applicable for belated filing … medical west vanceWebMar 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 … light switch won\u0027t work breaker not thrownhttp://prakharsoftech.com/view-query-answer/query_id=10515 light switch won\u0027t turn off lightWebJan 16, 2024 · It is earnestly requested to grant a one-time reduction in late fees and waiver of the penalty (wherever applicable) for filing of the Annual Return in Form GSTR 9 for all periods, before notifying this decision and introducing it on the GST Common Portal. medical west uab affiliateWebMar 1, 2024 · Commentary on Late Fees of GSTR 9 Late Fees is Charged under Section 47 of CGST Act for delayed filing of GSTR 9 and GSTR 9C Late fees for delayed filing of … medical west uab health systemWebNov 9, 2024 · The late fee for not filing the GSTR-9A within the due date is Rs 100 per day, per act. Which means late fees of Rs 100 under CGST and Rs 100 under SGST are going to be applicable just in case of delay. Thus, the overall legal responsibility is Rs 200 consistent with the day of default. light switch without a silver screw