Interest on delayed GST returns accrues from due date until payment, with statutory late fee provisions applying. Filing returns under GST is mandatory, including nil returns, and prior-period filing is required before current-period filing. Late fees from outward-supply returns are posted to the liability ledger when the next regular return is filed. Interest is payable on the net outstanding tax from the day after the due date until payment at the prescribed annual rate. Statutory late fee provisions impose per-day penalties with an overall cap under the central and state Acts, and annual reconciliation returns carry a turnover-linked cap; no separate late fee applies under the integrated tax statute.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest on delayed GST returns accrues from due date until payment, with statutory late fee provisions applying.
Filing returns under GST is mandatory, including nil returns, and prior-period filing is required before current-period filing. Late fees from outward-supply returns are posted to the liability ledger when the next regular return is filed. Interest is payable on the net outstanding tax from the day after the due date until payment at the prescribed annual rate. Statutory late fee provisions impose per-day penalties with an overall cap under the central and state Acts, and annual reconciliation returns carry a turnover-linked cap; no separate late fee applies under the integrated tax statute.
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