Late fees of Rs. 4200/- for delayed filing of GSTR-1 for July, 2017

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SOY P ITTY on 21 Apr, 2016 wrote:

YOU SIR IS A GREAT PERSON TO SERVE WITH OUT ANY SINGLE PENY. AND YOUR ADVICE RELATED EXCISE AND SERVICE TAX IS VERY VALUABLE FOR GRADUATE/POST GRADUA ...
hitesh on 03 Apr, 2016 wrote:

THANK U SIR 4 UR REPLY ON RATE OF INTEREST
hitesh on 20 Mar, 2016 wrote:

Thank u sir for ur reply regarding ssi exemption limit.
visuiyer on 09 Mar, 2016 wrote:

the budget analysis is really superb... and has highlighted all the aspects.. Hats off Sir ji..
hitesh on 06 Mar, 2016 wrote:

THANK U SIR FOR YOUR REPLY REGARDING THE TARIFFS I ASKED
hitesh on 29 Feb, 2016 wrote:

THANK U SIR FOR GUIDING ME IN THE QUERY OF REFUND.I M THANKFULL TO U.
Abhimanyu Singh on 08 Feb, 2016 wrote:

GST should be passed in this budget. all parties should help in public benefit. Opposition of the party in this regard is not good.
CA R P Vijay on 04 Jan, 2016 wrote:

Thanks and we also wish you and your family a very happy and prosperous new year.
Rahul Singhvi on 04 Jan, 2016 wrote:

Thank you for your lovely greetings ! Wishing you & your family a very happy & fun filled New Year
O V Srinivasan on 04 Jan, 2016 wrote:

We from Gokak Textiles limited wish you and your team a very happy and prosperous New Year 2016.

Late fees of Rs. 4200/- for delayed filing of GSTR-1 for July, 2017

Late fees of Rs. 4200/- for delayed filing of GSTR-1 for July, 2017

GST DAILY DOSE OF UPDATION

Late fees of Rs. 4200/- for delayed filing of GSTR-1 for July, 2017

The due date for filing returns in GST has been extended from time to time due to technical issues on the common portal. The due date for filing GSTR-1 for the month of July, 2017 was extended vide Notification No. 30/2017-Central Tax dated 11.09.2017 as 3rd October, 2017 for class of registered persons having turnover of more than one hundred crore rupees while the same was mentioned as 10th October, 2017 for class of registered persons having turnover upto Rs. one hundred crore rupees. The consequence of this will be that in case an assessee having turnover upto Rs. one hundred crore rupees fails to file the GSTR-1, he will be able to file GSTR-1 only after 31.10.2017. This will have the impact that late fee at the rate of Rs. 100/- for every day during which such failure continues subject to maximum of Rs. 5,000/- shall be charged separately under CGST Act, 2017 and SGST Act, 2017. Hence, penalty of Rs. 200/- for 21 days starting from 11th October, 2017 to 31st October, 2017 shall be levied totalling to Rs. 4,200/- for failure to file GSTR-1 by 10.10.2017.

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