Late fee for delayed GST returns accrues daily with statutory per day charge and turnover linked cap. A registered person who fails to furnish details under sections 37 or 38 or returns under sections 39 or 45 owes a late fee of one hundred rupees per day ... Summary
Late fee for delayed GST returns accrues daily with statutory per day charge and turnover linked cap.
A registered person who fails to furnish details under sections 37 or 38 or returns under sections 39 or 45 owes a late fee of one hundred rupees per day up to a maximum of five thousand rupees. Failure to furnish the return under section 44 attracts a late fee of one hundred rupees per day subject to a maximum equal to one quarter of one per cent of the person's turnover in the State.
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