CA Pratibha Goyal | May 31, 2021 |
GST Return Late Fees Caping Amendment Proposed in Section 47 of CGST Act
As per Section 47, The Late Fees Applicable on the filing of GSTR-1 & GSTR-3B is Rs 200 Per Month (Rs 100 CGST + Rs 100 SGST/UTGST). The Upper Ceiling is Rs 10000 (Rs 5000 CGST + Rs 5000 SGST/UTGST).
This GST Return Late fee per day was Later Reduced keeping in mind the rationalization of GST Late Fees.
| Particulars | Amount |
| Late Fees Per Day in case of Nil Return (CGST+SGST/UTGST) | Rs 20 |
| Late Fees Per Day in case of other than Nil Return (CGST+SGST/UTGST) | Rs 50 |
| Maximum Late Fees (CGST+SGST/UTGST) | 10000 |
The Upper Ceiling of Rs 10000 (Rs 5000 CGST + Rs 5000 SGST/UTGST) was not changed.
Now, this Upper Ceiling has also been rationalized for Form GSTR-1, GSTR-3B & GSTR-4
| Late Fees | Per Day | Upper Ceiling |
| For taxpayers having nil tax liability (CGST+SGST/UTGST) | Rs 20 | Rs 500 |
| For taxpayers having Annual Aggregate Turnover (AATO) in preceding year upto Rs 1.5 crore (CGST+SGST/UTGST) | Rs 50 | Rs 2000 |
| For taxpayers having AATO in the preceding year between Rs 1.5 crore to Rs 5 crore (CGST+SGST/UTGST) | Rs 50 | Rs 5000 |
| For taxpayers having AATO in the preceding year above Rs 5 crores (CGST+SGST/UTGST) | Rs 50 | Rs 10000 |
| Late Fees | Per Day | Upper Ceiling |
| For taxpayers having nil tax liability (CGST+SGST/UTGST) | Rs 20 | Rs 500 |
| For Other Taxpayers (CGST+SGST/UTGST) | Rs 50 | Rs 2000 |
Besides this Late Fees on GSTR-7 have also been amended. At present the Late Fees is Rs 200 per Day (CGST+SGST/UTGST). The New GSTR-7 Late Fees Structure is as follows:
| Late Fees | Per Day | Upper Ceiling |
| GSTR-7 (CGST+SGST/UTGST) | Rs 20 | Rs 2000 |
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