WebBased on CGST notification 22/2024 dated 1st June 2024, it has been stated that the late fee charged for GSTR-7 i.e., TDS filing under GST will be Rs. 2,000 maximum while late fee per day charged has been reduced from Rs.200 to Rs.50 per day of delay, per act, per return. Late fee computation for GSTR-3B and GSTR-1 WebDec 17, 2024 · Waiver of Late fees and penalty for the year 2024-2024 should be atleast given to the small traders and businesses (under 5 crore annual turnover). If government can distribute free food grain and free money to the (non-taxpayer) migrant workers and …
Publicación de Abhishek Raja "Ram" GST Litigation
WebThe penalty for the late filing of GST annual returns is very much like that of the non-annual returns. A late fee of Rs. 200 per day is levied upon the taxpayer, i.e., Rs. 100 per day under the CGST Act and Rs. 100 per day under the SGST act. The total GST late fees cannot exceed 0.25 percent of the taxpayer’s total turnover for a given ... WebFind out how to cancel or waive penalties and interest. The CRA administers legislation that gives the Minister of National Revenue discretion to cancel or waive penalties or interest. This legislation is commonly called the taxpayer relief provisions. For more … meme about storage shelves
IRAS Late Filing or Non-Filing of GST Returns (F5/F8)
WebMay 2, 2024 · GST return deadlines extended; late fee waived These concessions granted for a limited time window of a fortnight to a month, effective May 1 May 02, 2024 08:47 pm Updated 10:37 pm IST - NEW DELHI WebNov 26, 2024 · The Delhi Government has issued a notification informing that the registered persons who failed to file their returns in FORM GSTR-3B by the due date for the months of July 2024 to January 2024 will not have to pay a GST late fee Check out due dates of payment under GST for general and composition taxpayers in India. We have included … WebAccording to sources, the amnesty scheme will come again for relief from GST late fees. Actually, the government is in favor of amnesty for relief from late ... meme about social media