Late fees for late filing of return for Composition Dealer has been made same as Regular Dealer

Late fees is as follows

Case

Late Fees

In case No Tax Payable

20 per day

In Case Tax Payable

50 per day

Note:-

Late fees Is to be divided equally into CGST and SGST

Even if IGST is payable, still for late fees we have to pay CGST and SGST (and not IGST)

  1. GST - Goods and Services Tax, India
  2. GST News & Updates

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.