Penalty for GST Annual Return Late Filing

By | June 8, 2019
(Last Updated On: June 8, 2019)

Penalty for GST Annual Return Late Filing जीएसटी एनुअल रिटर्न देरी से भरने पर लगेगा कितना जुर्माना

 

  1. GSTR 9A (Composition Dealer) Not filed by Due Date (Non Audit Case)
  2. GSTR 9 (Normal Taxpayer with turnover less than Rs 2 Crore) Not filed by Due Date (Non Audit Case)
  3. GSTR 9 (Normal Taxpayer with turnover above Rs 2 Crore ) and GSTR 9C not  Not filed by Due Date (Audit Case)
  4. GSTR 9 (Normal Taxpayer with turnover above Rs 2 Crore ) filed by Due date But GSTR 9C Not Filed by Due Date (Audit Case)
  1. GSTR 9A (Composition Taxpayer) Not filed by Due Date (Non Audit Cases)

 

Return Form No.Minimum late fees for  default (Rs.)Maximum late fees (Rs.)
GSTR-9A

(Composition Taxpayers)

For failure to furnish return: Rs. 200 per day ( Rs 100 under CGST Act and Rs 100 under SGST Act)0.50% of turnover in State or Union territory

( 0.25% of turnover in State or Union territory under CGST and 0.25% of turnover in State or Union territory  under SGST)

  1. GSTR 9 (Normal Taxpayer with turnover less than Rs 2 Crore)  Not filed by Due Date (Non Audit Case)
  2. GSTR 9 (Normal Taxpayer with turnover above Rs 2 Crore) and GSTR 9C not Not filed by Due Date (Audit Case)

 

Return Form No.Minimum late fees for  default (Rs.)Maximum late fees (Rs.)
GSTR-9

(Normal Taxpayers)

For failure to furnish return: Rs. 200 per day ( Rs 100 under CGST Act and Rs 100 under SGST Act)0.50% of turnover in State or Union territory

( 0.25% of turnover in State or Union territory under CGST and 0.25% of turnover in State or Union territory  under SGST)

 

 

There is no specific penalty prescribed in the GST Law for not getting the accounts audited by a Chartered Accountant or a Cost Accountant.

Return Form No.Penalty
GSTR-9C

Reconciliation Statement

In terms of Section 125 of CGST Act he shall be subjected to a penalty of up to 25,000/-.
  1. GSTR 9 Filed before Due Date and GSTR 9C Not filed by Due Date (Audit Cases)

4(a) View -1 : There is no specific penalty prescribed in the GST Law for not getting the accounts audited by a Chartered Accountant or a Cost Accountant.

Return Form No.Minimum late fees for  default (Rs.)Maximum late fees (Rs.)
GSTR-9 Filed before Due Date
GSTR-9C not filed before due dateIn terms of Section 125 of CGST Act he shall be subjected to a penalty of up to 25,000/-.

4(b) View -2 : There may be another view that since the Annual return (GSTR 9) is to be accompanied with the  report/Reconciliation Statement (GSTR 9C) , if not done it may amount to non-filing of return and late fee may be levied and in that case the general penalty in terms of Section 25 shall not be levied.

Return Form No.Minimum late fees for  default (Rs.)Maximum late fees (Rs.)
GSTR-9 Filed before Due DateFor failure to furnish return: Rs. 200 per day ( Rs 100 under CGST Act and Rs 100 under SGST Act)0.50% of turnover in State or Union territory

( 0.25% of turnover in State or Union territory under CGST and 0.25% of turnover in State or Union territory  under SGST)

GSTR-9C not filed before due date

Note

  1. Before filing GSTR 9/GSTR 9A file all returns due for relevant Financial year (GSTR 3B/ GSTR 1/GSTR 4) under GST.
  2. GSTR 9 has to be filed before filing GSTR 9C

Related post

Clarifications on filing of Annual Return (FORM GSTR-9) by CBIC

GSTR 9 Offline Utility for GST Annual Return filing [Video]

GSTR-9 Offline Tool : Download

Example of unreconciled differences to be reported in GSTR 9C (Sl. No.8 )

GSTR 9C Reconciliation Statement Filing on GST Portal by GSTN : GST Audit

How to file GSTR 9C online (GST Audit Reconciliation Statement )

How to file GSTR 9 Online on GST Portal

How to file GSTR 9A online on GST Portal

One thought on “Penalty for GST Annual Return Late Filing

  1. Pingback: TaxHeal - GST and Income Tax Complete Guide Portal

Leave a Reply

Your email address will not be published. Required fields are marked *