Check sibling questions

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)

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.