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Penalty for not filing gstr 9 and 9c

WebJul 2, 2024 · What is the Penalty for not Filing GSTR-10? The final GST return, GSTR 10, must be filed within three months from the cancellation date. ... Latest Update: “Seeks to grant waiver/reduction in late fee for not furnishing FORM GSTR-10, subject to the condition that the returns are filled between 22.09.2024 to 31.12.2024”. Read Notification. WebApr 12, 2024 · Even the CBDT has decided to impose no penalty under Section 271C of the Income Tax Act for non-deduction of TDS, and no penalty is contemplated under Section 271C for delayed remittance, payment, or deposit of the TDS. The court stated, asserting the CBDT’s Circular No. 551 dated January 23, 1998. The assessee was not required to pay …

Delayed submission of Reconciliation Statement in GSTR-9C

WebJan 13, 2024 · “GSTR 9 & 9C filing for FY 2024-19 has live on the GST portal but in table 8A of GSTR 9 auto populate ITC as per GSTR 2A function is not working.” GSTN recliently stated the figures of eligible large taxpayers filing the annual return form GSTR 9 annual audit and form GSTR 9C coming to average 91% and 92% respectively till 12th February 2024. WebJul 18, 2024 · For example, the GSTR-9 due date for the fiscal year 2024-22 is December 31, 2024. The late fee for GSTR-9 is Rs.200 per day for every day after the due date until the payment is made. In the event of a delay, … hubcap repair https://oceanasiatravel.com

Non-Admitted Insurance - Premium Tax FAQs Georgia …

WebDec 29, 2024 · For GSTR 9C: No specific provision, Hence, subject to a general penalty of Rs 25,000. As of now no due date has been extended for FY 2024-19. Update: On 30.12.2024, … WebTo start filing the GSTR 9C reconciliation audit report, perform given steps: First of all, login with username id & password on www.gst.gov.in. ... Due Date, late fee and penalty The … WebMar 16, 2024 · The format of GSTR-9C depends upon the person who certifies and who conducts the GST audit. Late Fees and Penalty. There is no specific provision regarding … bapi vinnakota

GSTR-9 & GSTR-9C – All aspects, Mandatory & Optional …

Category:GSTR 9C : Reconciliation Statement & Certification- Filing, Format …

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Penalty for not filing gstr 9 and 9c

What is GSTR-9: Types, Due Date, Penalty & How To …

WebFailure to file W-2s or 1099s with the Department by the required time. Employer required to file fails to do so (effective for 2024 and later calendar year forms) The penalty ranges … WebApr 5, 2024 · Note: Due date to file GSTR-9/GSTR-9A and GSTR-9C for FY 2024-19 is extended to 31 December 2024. Read More: AP Software Software GST API Full Form in …

Penalty for not filing gstr 9 and 9c

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WebDec 7, 2024 · Penalty for the late filing of GSTR-9 return ? Late fees for not filing the GSTR 9 within the due date is Rs. 100 per day per act up to a maximum of an amount calculated at a quarter percent of the taxpayer turnover in the state or union territory. Thus it is Rs 100 under CGST & 100 under SGST, the total penalty is Rs 200 per day of default. WebJan 3, 2024 · GSTR-9: more than Rs.2 crore: GSTR-9C: ... Penalty Norms When you Miss the Due Date of GSTR-9 Filing. As per the penalty provisions of the GSTR-9 annual return …

WebDec 6, 2024 · There are no specific provisions applicable for GSTR 9C, and hence the non-filing of GSTR-9 and GSTR 9C could be subject to a general penalty of ₹25,000. Comparison of GSTR 9 and GSTR 9C. GSTR 9 Annual Return: … WebMay 5, 2024 · The deadline for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for the 2024-19 financial year is extended to June 30, 2024. For companies …

WebMar 1, 2024 · Late Fees is Charged under Section 47 of CGST Act for delayed filing of GSTR 9 and GSTR 9C. Rs 200 Per day ( Rs 100 under CGST and Rs 100 under SGST Act) during … WebJan 24, 2024 · The following are the key steps for filing GST Return 9 form offline: Step 1: Click the “Downloads” tab on the GST portal. Step 2: Click Offline Tools > GSTR-9/ GSTR-9A/ GSTR-9C Offline Utility. Step 3: Extract the excel utility of the GST offline tool from the zipped folder and open the excel file. Step 4: Click “Enable Editing” button ...

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http://caportal.saginfotech.com/blog/gstr-9a-form-filing-due-date/ baps levalloisWebMay 5, 2024 · GSTR-9. The late fees for failing to pay the yearly return by the due date are Rs. 200 per day. This implies that in case of delay the person must pay Rs. 100 under the CGST Act and Rs. 100 under the SGST Act as a penalty. The penalty is subject in the relevant state to a maximum of 0.25 percent of taxpayer turnover. hubcap man winnipeghttp://caportal.saginfotech.com/blog/gstr-9-due-dates/ baptismi levinneisyysWebOct 12, 2024 · And hence the annual return must be filed first. Also, taxpayers must remember that the return can be filed only once and there are no provisions to revise this return. Also, the maximum penalty for failing to file the GSTR-9 return cannot exceed 0.25% of total turnover in the respective state/union territory. Major Queries on GSTR 9 and … hubcap manWebJun 13, 2024 · No documents/annexures are required to be submitted along with GSTR-9. Audited financial statements are required to be submitted along with GSTR-9C. Penalty Rs. 200/- per day or 0.25% of total turnover (whichever is lower) There is no specific provision given for penalty but general penalty u/s 125 of Rs. 25,000/- may be levied. hubcap margaritas in baltimoreWebDec 29, 2024 · The due date and the deadline for GSTR 9 and GSTR 9C are the same. The due date for filing GSTR 9C by taxpayers is 31st, December of the subsequent financial … hubcap nissan sentra 2015WebOct 15, 2024 · In case a taxpayer doesn’t file his GSTR-9 on time, then he is liable to pay a penalty of ₹ 200 per day containing ₹ 100 each under both CGST and SGST Act. The … bapesta baby milo hello kitty