Nil return filing late fees

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Webb29 maj 2015 · The Hon’ble Tribunal has held that the service provider is not required to file the Service Tax Return (even nil return) for that period as per the CBEC Circular No 97/8/2007-ST dated August 23 ... WebbHow to pay Late Filing Fees[ Sec.234E ]What section to be used Hope you like the videoDo share your comments in the comment section.BECOME A TDS EXPERTJoin T...

What is the penalty for missing ITR filing deadline? - The …

Webb4K views, 218 likes, 17 loves, 32 comments, 7 shares, Facebook Watch Videos from TV3 Ghana: #News360 - 05 April 2024 ... Webb19 nov. 2024 · DPT 3 Extension. DPT-3 Due date extended to 31st August 2024 for FY 2024-21. As per the latest official MCA circular 11/2024 dated 30th June 2024, MCA has extended due date to 31st August, 2024 for filing of forms by companies/LLPs under Companies Act 2013/ LLP Act 2008. Further, only normal fees will be applicable up to … pbs woodsmith shop

GSTR-3B Late Fee Payment Filing Nil return file late fee Tutorial ...

Webb4 apr. 2024 · Effective from FY 2024-18, a late filing fee will be applicable for filing your returns after the due date under Section 234F. For instance, the due date for filing … Webb5 dec. 2024 · The late fee imposed will be from the date post to the last date. But post to the notifications provided up to Feb 2024, the late fees will be carried on to get levied on somewhat a less fee of Rs 50 per day and Rs 20 per day for nil return. Webb14 mars 2024 · Under Section 47 of the CGST Act, the amount of late fee payable is Rs. 25 per day for central GST and state GST, each. For the businesses with nil tax … pbs woodwright shop old episodes

GSTR 3B: Format, Due Date, Late Fee - Learn by Quicko

Late Fees and Interest on GST Return - ClearTax

Webb29 juni 2024 · If the GSTR-8 return is not filed on time, then a penalty of INR 100 per day under CGST & INR 100 per day under SGST shall be levied i.e. a total of INR 200 per day. However, the maximum of such a penalty will be INR 5,000. There is no late fees however on IGST. Along with late fees, an interest has to be paid at the rate of 18% per annum … pbs woodsmith shop full episodesWebbWaiver of late fees in case of delay in filing GSTR 3B announced in addition to the relief measures already provided to the taxpayers vide the notifications issued on 01.05.2024 Refer the table below 1. For tax period Jul 17 to Apr 21 conditional waiver of late fees announced 2. For tax period Mar 21 to May 21 waiver for specified period announced pbs woodwright\u0027s shop

"WebbThe late fees for GSTR 1 is Rs. 50 per day and Rs 20 per day (for nil return). ... So late fees in your case will be levied from revised due date of filing return. & late fees will be as per section 47, it says late fees of Rs 25/head per day. max Rs 5000/head. Chirag Maru. CA, Raipur. 210 Answers. " - Nil return filing late fees

Nil return filing late fees

How to Draft a GST Late Fee Waiver Request?

Webb3 juni 2024 · The maximum penalty is ?5,000 under CGST and ?5,000 under SGST (Rs.10000) In addition to the late fee, an interest of 18% per annum has to be paid which will be applicable from the next day of the due date of filing to the date of making the actual payment. Let HostBooks make GSTR-7 filing easy for you. Try HostBooks … Webb4 nov. 2024 · GST late filing is calculated using the formula " (Days delayed x 50)" for each head of tax. If you have delayed for 3 days, the late filing fee will 3X50 = 75 for CGST and 75 for SGST. Further, it should be noted that fee is applicable even if you are filing Nil returns. Filing return is compulsory under GST law.

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Webb28 nov. 2024 · Late Fees for GSTR-3B. Late fees for GSTR-3B is 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 other cases. A return in which there is no sales but has purchases is also considered as NIL return. Webb18 th of the month succeeding the end of the relevant quarter will be the GSTR 4 due date. Rule 62 (1) (ii) An annual return in Form GSTR-4. Annual return. 30 th April following the end of the relevant financial year. Notably, filing of return in Form GSTR-4 is mandatory for all the person who has opted under the composition scheme.

Webb16 mars 2024 · As per section 47 (1) of the CGST Act, any registered person who fails to furnish the requisite returns by the prescribed due date shall pay a late fee of Rs 100 for every day during which such failure continues. Such a fee is subject to a … Webb25 juli 2024 · Taxpayers failing to file ITR for 2024-23 by July 31, 2024, may still file the returns by December 31, 2024, but will have to pay a fine along with interest on any unpaid taxes for the year 2024 ...

WebbFor each VAT Return you send late, you’ll get a penalty point. This includes nil returns (where you have nothing to declare). Once you reach your penalty point threshold, you’ll get a £200 ... Webb17 mars 2024 · Late Fee for CMP-08 will be Rs 50/day, i.e., Rs 25/day CSGT and Rs 25/day IGST in case of any tax liability. On the other hand, if there is a NIL tax liability, then the late fee will get reduced to Rs …

Webb23 feb. 2024 · The assessees filing NIL returns under form CMP 08 will be charged a penalty of Rs. 20 (INR 10/day CSGT and INR 10/day IGST) per day as long as he continues the delay. The late fee can be up to Rs. 5,000 at maximum and no further for all kinds of assessees. 4 Replies to “CMP-08 Return Filing Due Date For January to …

Webb26 juli 2024 · The last date of filing income tax return (ITR) for the financial year 2024-22 is July 31, 2024. Missing this deadline can cost you even if you do not have any taxes to pay. Till FY 2024-20 if a taxpayer missed the ITR filing deadline, the maximum penalty he/she would have had to pay was Rs.10,000. However, with effect from FY 2024-21 … pbs woodwrightWebbYour company should have an overall revenue of at least ₹20 Lakhs. All registered Input Service Distributors (ISD) under GST who have not chosen the composition scheme or … pbs woodwright\\u0027s shopWebb1 aug. 2024 · This late fee fine can go up to ₹10,000 if you file your ITR after December 31 but before March 31, 2024. Section 234F also says that individuals who have not filed … pbs woodstock filmWebb5 aug. 2011 · ü For delay of 15 days, late fee will be Rs. 500/-. ü For delay over 15 days but not later than 30 days, late fee will be Rs. 1000/-. ü Beyond 30 days, the late fee payable is Rs. 1000/- plus Rs. 100/- per day from 31st day till date of the furnishing of ST-3 Return. ü However, the maximum amount payable shall not exceed Rs. 20,000/- . pbs woodworking tv showWebbRationalisation of late fee for GSTR-9 and Amnesty to GSTR-9 non-filers-----WhatsApp Group and Telegram Group joinin... pbs woodwright\u0027s shop video bowlsWebb26 apr. 2024 · GST Return Late Fees. The amount of late fees is determined by the type of return being filed. ... Annual GST returns... Interest Rate on Late Filing of GST … pbs wood tabletop blocksWebb23 juni 2024 · If he fails to file the return within gst due date then he has to pay the reduced late fee along with original tax. This late fee is charged on the basis of days. You need to pay a reduced fine of Rs.10 per day under CSGT and reduced fine of Rs.10 per day under SGST. Rs.20 is charged per day as the late fee. pbs wordgirl games