Why No One Talks About Late Fee & Interest On GST Returns Anymore ?

1. Due Date, Interest and Late Fee for GSTR 3B June 2017 to Jan 2020

GSTR 3B - Jan 2020 and prior months

ParticularsLate FeeProvided both conditions are metInterestIf Filed after 30-Sep-2020
Condition 1Condition 2Late FeeInterest
GSTR 3B (Jul 2017 to Jan 2020)NilNil ReturnReturn is filed between 01-07-2020 to 30-09-2020NILRs 20/day subject to a maximum of Rs10,000/- returnNIL
GSTR 3B (Jul 2017 to Jan 2020)Rs.500/ returnOther than NIL ReturnReturn is filed between 01-07-2020 to 30-09-2020Interest shall be payable @18 % from the Due date till the date of filing of returnRs 50 /day subject to a maximum of Rs10,000/- returnInterest shall be payable @18 % from the due date till the date of filing of return
(If form GSTR 3B for the period specified in table above is not filed on or before 30-Sep-2020, late fee will become payable from the original due dates of these returns)

2. Due Date, Interest and Late Fee for GSTR 3B Feb 2020 and onwards where aggregate turnover is greater than 5 cr

GSTR 3B -Feb 2020 and onwards where turnover >5 cr

Period Original Due dateLate Fee waived if filed on or before Zero Interest Rate if dues cleared withinInterest @9%Interest @18%
Feb 202020-03-202024-06-202004-04-202005-04-2020 to 24-06-2020from 25-06-2020 till the date of filing of return
Mar 202020-04-202024-06-202005-05-202006-05-2020 to 24-06-2020from 25-06-2020 till the date of filing of return
Apr-202020-05-202024-06-202004-06-202005-06-2020 to 24-06-2020from 25-06-2020 till the date of filing of return
May-202025-06-202030-09-2020from 28-06-2020 till the date of filing of return
Jun-202030-09-2020
Jul-202030-09-2020
Late Fee waived if filed on or before the extended date, else late fee @ Rs 500/- per return shall be payable if filed after the extened date

3. Due Date, Interest and Late Fee for GSTR 3B Feb 2020 and onwards where aggregate turnover is upto 5 cr – Group A States

GSTR 3B -Feb 2020 and onwards where turnover <5 cr for Group A States

Period Org due datesExtended Due DatesInterest payable @9%Interest Payable @18% fromLate FeeStates 
Feb-202022-03-202030-06-202001-07-2020 to 30-09-202001-10-2020 onwards till the date of filing of returnNIL if filed within the extended due dates, else Rs. 50/ day till the date of filing of return and Rs. 20/ day in case of NIL return. The late fee in that case shall be calcuated from the original due date of filing of returnChhattisgarh,
Madhya Pradesh,
Gujarat,
Maharashtra,
Karnataka,
Goa,
Kerala,
Tamil Nadu,
Telangana,
Andhra Pradesh,
Daman & Diu and
Dadra & Nagar Haveli,
Puducherry,
Andaman and Nicobar Islands,
Lakshadweep
Mar-202022-04-202003-07-202004-07-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
Apr-202022-05-202006-07-202007-07-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
May-202012-07-202012-09-202013-09-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
Jun-202022-07-202023-09-202024-09-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
Jul-20022-08-202027-09-202028-09-2020 to 30-09-202001-10-2020 onwards till the date of filing of return

4. Due Date, Interest and Late Fee for GSTR 3B Feb 2020 and onwards where aggregate turnover is upto 5 cr – Group B States

GSTR 3B -Feb 2020 and onwards where turnover <5 cr-Group B States

Period Org due datesExtended Due DatesInterest payable @9%Interest Payable @18% fromLate FeeStates
Feb-202024-03-202030-06-202001-07-2020 to 30-09-202001-10-2020 onwards till the date of filing of returnNIL if filed within the extended due dates, else Rs. 50/ day till the date of filing of return and Rs. 20/ day in case of NIL return. The late fee in that case shall be calcuated from the original due date of filing of returnHimachal Pradesh,
Punjab,
Uttarakhand,
Haryana,
Rajasthan,
Uttar Pradesh,
Bihar,
Sikkim,
Arunachal Pradesh,
Nagaland,
Manipur,
Mizoram,
Tripura,
Meghalaya,
Assam,
West Bengal,
Jharkhand,
Odisha,
Jammu and Kashmir,
Ladakh,
Chandigarh,
Delhi
Mar-202024-04-202005-07-202006-07-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
Apr-202024-05-202009-07-202010-07-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
May-202014-07-202015-09-202016-09-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
Jun-202024-07-202025-09-202026-09-2020 to 30-09-202001-10-2020 onwards till the date of filing of return
Jul-202024-08-202029-09-202030-09-2020 to 30-09-202001-10-2020 onwards till the date of filing of return

 

Leave a Comment