Gst late fee latest news
WebMar 31, 2024 · IF annual return is furnished between the period from the 1st day of April, 2024 to the 30th day of June, 2024, the total amount of late fee is restricted to Rs.20000 … WebMay 2, 2024 · For taxpayers having up to Rs 5 crore in turnover in the preceding financial year, a 30-day period has been given to file their 3B returns for March and April from …
Gst late fee latest news
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WebApr 1, 2024 · Latest GST News. TM TaxReply India Private Limited GST Library. Login Register. Best GST Library? Contact Us. Subscribe. GST News (Updates) GST Evasion in India. GST Calendar. ... Late Fee Waiver (3) GST News (Updates) GSTR-10 Amnesty Scheme till 30 June 2024. 2 Apr 2024 4.84k : GSTR-10: Amnesty Scheme: WebJul 6, 2024 · The GST Council extend the waiver of late fee under section 47 for delay in filing form GSTR-4 for FY 2024-22 by approximately four more weeks, till July 28. The …
WebMay 26, 2024 · The late fee is waived for companies with an aggregated turnover of up to Rs 5 crore for up to 30 days of late payment over the two-month period. The 30-day window applies to taxpayers with... WebMay 28, 2024 · The shortfall in GST compensation payable to states in the current fiscal has been estimated at Rs 2.69 lakh crore In a bid to provide relief to small and medium …
WebAnswer (1 of 4): The late fee on returns filed under GST is levied in accordance with the provisions of Section 47 of the CGST Act. The GST portal automatically calculates late … WebMay 28, 2024 · Late fee has been limited to a maximum of Rs 500 (Rs. 250 each for CGST and SGST) per return for taxpayers who did not have any liability for the stated tax …
WebJan 11, 2024 · According to CGST notification 22/2024 dated 1st June 2024, the late fee chargeable for GSTR-7 i.e TDS filing under GST shall be of maximum Rs. 2,000 while late fee per day charged is reduced from Rs.200 to Rs.50 per day of delay, per act, per … Latest News on GST Returns Due Date Extensions. ... -March 2024 or FY 2024 …
WebMay 26, 2024 · Under the GST regime, massive penalty is imposed for non-furnishing of returns. In case of zero tax, late fee of Rs 20 per day is charged, while others have to pay a late fee of Rs 50 per day per ... rook in chess in hindiWebMay 26, 2024 · GST Notification 07/2024-Central Tax ,dt. 26-05-2024 CBIC has waived late fee payable for delay in furnishing GSTR-4 for FY 2024-22 for the period from 1st May, … rook insuranceWebMay 2, 2024 · The Central Board of Indirect Taxes and Customs (CBIC) on Saturday had issued a notification announcing the extension for filing the monthly GSTR-3B return by 15 days for taxpayers with a turnover ... rook indian t shirtWebNov 26, 2024 · The Delhi Government has issued a notification informing that the registered persons who failed to file their returns in FORM GSTR-3B by the due date for the months of July 2024 to January 2024 will not have to pay a GST late fee. rook international llcWeb4 hours ago · Against the order assessee filed an appeal before CIT(A) who rejected the appeal therefore assessee filed before the tribunal. H. Srinivasulu council for the … rook insurance memphisWebApr 26, 2024 · GST Return Late Payment Fees GSTR 1 and GSTR 3b. In case of Nil GST Return filing the maximum penalty on late filing will be INR 500 (250 CGST + 250 … rook installationWebAug 30, 2024 · The last date to avail benefit of the late fee amnesty scheme, has now been extended from existing 31.08.2024 to 30.11.2024," the statement further said. The late … rook in far cry new dawn