TaxTMI 
TaxTMI 
is there any late filing fees for gstr 3b.... or any intrest liability on late payment of tax. if we not filed gstr 3b what will be consequence.
gstr 3b return
15 Aug 2017 
4 Replies 
1683 Views Asked by
Late filing penalties for GSTR 3B may attract daily penalties and interest on tax dues if return not filed.
Late filing of the GSTR 3B return attracts a late fee and interest on unpaid tax; while initial rules suggested no fee for the first two months, webinar FAQs confirmed a daily penalty up to a capped amount and that interest is payable on both outward and inward supplies. The government granted a short grace period and extended filing dates to ease transition, but warned extensions should not be misused. (AI Summary)
Late filing of the GSTR 3B return attracts a late fee and interest on unpaid tax; while initial rules suggested no fee for the first two months, webinar FAQs confirmed a daily penalty up to a capped amount and that interest is payable on both outward and inward supplies. The government granted a short grace period and extended filing dates to ease transition, but warned extensions should not be misused. (AI Summary)