Maximum Late Fee for late filing of GSTR – 9 is 0.50% of the turnover in the state. Is the same separately applicable for GSTR – 9C also? If yes under which notification?
Kaustubh Karandikar Asked question November 10, 2020
Late fee u/s 47(2) of the CGST Act is applicable only in r/o GSTR-9 and not specfically for GSTR-9C. Thus delayed filing of 9-C will not be subject to late fee rather would be subject to maximum penalty of Rs 25,000 u/s 125 of the CGST Act. Considering similar penalty under SGST Act, total maximum penalty would be Rs 50,000/- for delayed filing of GSTR-9C.
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Frah Saeed Changed status to publish November 17, 2020