delay filing of GSTR-3B Applicablility of penalty if filed beyond 30 days from the due date

delay filing of GSTR-3B Applicablility of penalty if filed beyond 30 days from the due date https://www.taxtmi.com/forum/issue?id=118471 Penalty for delayed filing of FORM GSTR 3B is generally not levied where the taxpayer files late but pays the tax and interest suo motu, since the specific penalty provision requires invocation of assessment proceedings and issuance of a show cause notice; late filing normally attracts interest and late fee, while formal penalty provisions may be considered only if assessment proceedings are initiated and a tax shortfall is identified. en-us Sat, 08 Apr 2023 11:41:23 +0530 Thu, 23 Jan 2025 15:54:11 +0530 TaxTMI RSS Generator delay filing of GSTR-3B Applicablility of penalty if filed beyond 30 days from the due date https://www.taxtmi.com/forum/issue?id=118471 Penalty for delayed filing of FORM GSTR 3B is generally not levied where the taxpayer files late but pays the tax and interest suo motu, since the specific penalty provision requires invocation of assessment proceedings and issuance of a show cause notice; late filing normally attracts interest and late fee, while formal penalty provisions may be considered only if assessment proceedings are initiated and a tax shortfall is identified. Discussion-Forum GST Sat, 08 Apr 2023 11:41:23 +0530 https://www.taxtmi.com/forum/issue?id=118471