Late fee would now be levied for late filing of GSTR 1

written by GST expert | December 29, 2019

Recently vide notification 74/2019 CBIC has waived late filing fees of GSTR 1 from July 2017 to November 2019 if the same are filed before 10.01.2020, after which a late fee of Rs. 50 per day would be levied upto Rs. 10000 would be levied and for all later returns i.e. return to filed from Nov 2019 onwards late fee of Rs. 50 per day would be levied if the return is filed after due date.

CBIC has even warned that if the taxpayers dont file their GSTR 1 in times they might even block their E way bill as was announced few weeks back for GSTR 3B as well.

Also CBIC has asked recipient to encourage their suppliers to file GSTR 1 in time because if they don’t file GSTR 1 in time it will not auto populate in GSTR 2A and hence the recipient won’t be able to claim the same in his GSTR 3B.

The same was explained by CBIC in a series of tweet:

“1/4 As a one-time measure to enable taxpayers to clear the backlog of all GSTR-1 which have not been filed from July 2017 to Nov 2019, a late fee waiver till 10.01.2020 (vide NN 74/2019 dt. 26.12.2019) has been provided.

2/4 After 10.01.2020 a late fee of Rs. 50 per day for non-filing of GSTR-1 up to a maximum of Rs. 10,000 per statement will be levied as per existing provisions. Therefore, the taxpayers are requested to clear any backlog with respect to GSTR-1 by 10.01.2020.

3/4 Further, the Government plans to take a number of steps if the pending GSTR-1 are not filed by 10.01.2020 such as blocking of E-way bill, etc.

4/4 Also, it is beneficial for the recipients to encourage their suppliers to file their GSTR-1 in time as it is important that the credit taken by the recipients in their GSTR-3B matches with the details auto-populated in their GSTR-2A.”

You can read this tweet HERE.

Note: GSTR 1 is a monthly/ quarterly return which contains the detail of outward supplies of tax payer.

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