GST Late Fees Calculation

Late Fee for GSTR 3B:

GSTR-3B late payments are Rs. 20 (Rs. 10 for CGST and Rs. 10 for SGST) per day for NIL returns and Rs. 50 (Rs. 25 for CGST and Rs. 25 for SGST) in all other scenarios. A NIL return is one in which there are no transactions but there are acquisitions. The maximum penalty is Rs. 10,000 (Rs. 5,000 for CGST and Rs. 5,000 for SGST) for each return.

Late payments for GSTR-3B for a month to be charged in the next month. You cannot file a month’s return unless you have paid the prior month’s GST late fee waiver.

Late Fee for GSTR 1:

Late fees for GSTR-1 are Rs. 200 a day (Rs. 100 for CGST and Rs. 100 for SGST). Currently, the government would not accept late payments for GSTR-1. GSTR-1 was not taken into account in this calculator.

Interest on Late Payment of GST:

According to the GST Penalty rules, taxpayers who refuse to pay their taxes on time will be paid interest at the rate of 18% per annum. Interest will be charged for the days after the due date.

Late Fees for GSTR-9 and GSTR-9A:

Late fees for GSTR-9 and GSTR-9A are Rs. 200 per day (Rs. 100 for CGST and Rs. 100 for SGST) up to a limit of 0.50 percent (0.25 percent for CGST and 0.25 percent for SGST) of turnover.

Late Fees for GSTR-10:

Late fees for GSTR-10 are Rs. 200 a day (Rs. 100 for CGST and Rs. 100 for SGST). There is no upper limit to the size of the penalty. Late payments must be charged for the return to be filed.

Penalty on Missing the GST Due Date:

When taxpayers fail to file returns within the prescribed due dates, he is obligated to pay a late fee of Rs. 50/day, i.e. Rs. 25 per day in each case of CGST and SGST (in case of any tax liability) and Rs. 20/day, i.e. Rs. 10/- day in each CGST and SGST (in case of Zero tax liability), subject to a limit of Rs. 5000/-, from the provided amount.

Rules Applicable of GST Payment for Taxpayers

  • If payment for tax, interest, penalty, and fee is made through internet banking, credit card, NEFT, or RTGS, the electronic cash ledger will be credited. The balance will be used to pay any outstanding interest, fee, or liability in the taxpayer’s electronic cash ledger.
  • Payment for the GST PMT-06 form is made via challan, and the challan is only valid for 15 days. A Challan Identification Number (CIN) is provided when the payment is effective. If the CIN is not generated, the taxpayer can file Form GST PMT-07.
  • And after 8 p.m., online fees will be transferred to the taxpayer’s account the next day. Although no physical challans will be approved for GST payments, challans will be generated from gst.gov.in only for all payments of taxes, fines, penalties, and interest.
  • Payment of challans under 10000 rupees may be made over the counter with currency, cheques, or demand draughts through approved banks, while payments exceeding 10000 rupees can be received only digitally.