Goods and Service Tax was enforced on 1st July in 2017. This system of tax was put forward to promote ‘one nation single tax’.
GST Late Fee Calculator helps you know how much late fees you need to pay in case you get late for filing returns.
All eligible people have to register for goods and services tax at the official portal of GST. Returns and GST payment is to be done under the official portal only.
GST Return is a document that contains details of income and expenses of taxpayers.
Every taxpayer needs to get registered under Goods and Service Tax. Frequency of GST return filing can be monthly, quarterly or yearly based on type of business.
People have to pay GST returns as per their type such as e-commerce operator, non resident taxpayer, input service distributor, regular tax payers and many more. GST Return is used to calculate tax liability.
The taxpayer needs to include all details of purchase, sales, input GST (GST paid while purchasing something) and output GST (material sold including GST).
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Who Should File GST Returns
Under laws of GST, every person who has a regular business needs to file GST Return.
A regular business has to file a total of 26 returns per year. You need to file one annual return per year and two monthly returns.
You need to provide your monthly details in GSTR-1 and the second monthly return GST-3B is auto generated by getting information from GSTR-1 filled by you and people you dealt with. In the case of composition dealers different returns need to be filed.
Also Read: What is Provident Fund?
Types Of GST Returns
GST Returns are categorized on the basis of business you own. They are divided into 13 forms.
Out of these thirteen you need to file only those returns which suits your business type.
These returns are to be filed at different time intervals. Some of them need to be filed monthly, others quarterly and annually.
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Goods and Service Tax Returns are abbreviated as GSTR. Information about return type, details that are to be mentioned and frequency of filing return are cited below.
|Return Type||Details To Be Mentioned||Frequency of Return Filing|
|GSTR-1||Taxpayers need to give details about their monthly outward supplies. They have to mention goods they sold and services they provided.||Monthly|
|GSTR-2||Taxpayers need to give details about monthly inward supplies.They have to mention goods they sold and services they availed.||Monthly|
|GSTR-3||After finalizing monthly inward supplies, outward supplies and tax payment a monthly return is filed.||Monthly|
|GSTR-3B||In this return, summary of outward supplies and tax input is stated. This return is auto generated and affects tax to be paid by the taxpayer.||Monthly|
|GSTR-4||A taxpayer who is registered under composition levy needs to file this return.||Quarterly|
|GSTR-5||A taxpayer who is Non-Resident needs to file this return.||Monthly|
|GSTR-6||A taxpayer who is an Input Service Distributor (ISD) needs to file this return.||Monthly|
|GSTR-7||Authorities and organisations who deduct tax at source need to file this return.||Monthly|
|GSTR-8||Taxpayer who is an e-commerce operator needs to give details of supplies affected by him and the amount of tax he collected.||Monthly|
|GSTR-9||A normal taxpayer needs to file this return annually. Taxpayers need to detail their annual business in this return.||Annually|
|GSTR-9A||A taxpayer registered under composition levy needs to file this return. Taxpayers need to detail their annual business in this return.||Annually|
|GSTR-10||Final Return that is to be paid by all taxpayers.||Only for once, when GST is surrendered|
|GSTR-11||A taxpayer who wants to claim for a return and owns a UIN needs to file this return detailing inward supplies.||Monthly|
Delay In Filing GST Returns
If GST Returns are not filed within gst payment due time, then the taxpayer will be disposed to pay extra money as penalty. If your returns are not filed in given time duration then on gst late payment you will be liable to pay following things:
- GST Return late filing penalty by the department – You will have to pay penalty as per GST penalty rules.
- Interest is to be paid by the taxpayer which is applied on every day post the last date.
Also Read: What is Zerodha Margin?
GST Penalty Rules
Taxpayers have to be very careful while filing GST. A penalty is imposed on the taxpayer in case of not filing return because of an inadvertent cause, under gst penalty rules.
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There are 21 offenses on which a penalty is charged. Some of the things that are considered as offence under GDTare listed below:
- If you are not registered under GST even if you are fulfilling criteria of registration.
- If you are mendacious in providing information during registration.
- If you submitted false financial records and tax returns.
- If you sold goods without invoice.
- If you opt for a composition scheme even if you are not eligible.
- Using other taxpayer’s registered accounts for submitting invoices.
- If a taxpayer has filed the invoice without actually selling goods.
- If you are transporting goods that can be seized.
- If you claimed for a refund by fraud and you are not actually eligible for refund.
- If you have not presented the correct information during proceedings.
- If you subdued your business with intentions of not paying tax.
- If you have collected GST from customers but you have not submitted it within the given time.
- If you interfered with any proofs related to your business.
- If you collected GST under legal obligation and failed to submit it within 3 months.
- If you used input tax credit without receiving an invoice.
- If you collect less tax that is to be collected at source than required or you do not collect tax that is to be collected at source.
- If you are transferring goods without documents and invoice.
- If you don’t maintain records of mandatory things mentioned in GST laws.
- If you interfere or try to interfere with goods seized under violation of law.
- If you deduct less tax than that which is required to be deducted at source or you did not deduct any tax that is to be deducted at source.
- If you are an ISD and you distribute or take tax against rules.
All the above mentioned things are considered as offences.
GST Interest Calculator
Interest is to be paid in case of delay in filing GST Return. A taxpayer who hasn’t paid GST payment within gst payment due date or has given false information about input and output tax, has to pay interest on filing the GST return on the basis of gst interest calculator.
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GST payment is done during filing GSTR-3B and GSTR-4. If you have not paid GST in given due time then following tax will be charged.
|If you pay tax after a due date||Taxpayer will have to pay interest on late payment of gst along with unpaid tax. Interest rate is 18% p.a. |
For example, If someone have to pay tax of Rs.1,00,000/- of february (due date- 25 march) and he is paying it on 25 April then, interest will be calculated as follows :
Number of days delayed after due date = 31 days
Amount of interest per annum = 18% of unpaid tax = 18% of unpaid tax for 365 days
Amount of interest per day = 18%× unpaid tax × 1/365
Amount of interest for 31 days= 18% ×unpaid tax ×1/365× 31
= 18% × 100000× 1/365 × 31
= Rs. 1528.8 ( approx )
Now, total sum you need to pay = interest + tax unpaid
= Rs.1,00,000 + Rs. 1,528.8
= Rs. 101,528.8/-
|If you have claimed excess reduction in output tax||Taxpayer will have to pay interest on late payment of gst along with unpaid tax. Interest rate is 24% p.a. For example, if you filed reduction in output tax of Rs. 10,000/- of march 2018 ( due date- 15 april ) and you are filing it on 15 december then, interest will be calculated as follows:|
Number of days delayed after due date = 244 days
Amount of interest per annum = 24% of unpaid tax = 24 % of unpaid tax for 365 days
Amount of interest per day = 24%× unpaid tax × 1/365
Amount of interest for 31 days= 24% ×unpaid tax ×1/365× 244
=24% × 10000× 1/365 × 244
= Rs. 1604.40 (approx)
Now, total sum you need to pay = interest + tax unpaid
= Rs.1604.40 + Rs. 10,000
= Rs. 11604.40
GST Late Fee
The taxpayer has to pay the fine if he is not able to file the gst return within GST due date or he is not able to pay GST within gst payment due date.
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This fine is paid in form of GST late fees. This fine is calculated automatically in some of the returns.
First you have to pay the late fee and then only you can proceed forward. Previous tax and late fee are summed up in GST-3B, GSTR-7, GSTR-8, GSTR-5, GSTR-6, GSTR-4, GSTR-5A.
Amount of late fee is calculated on the basis of the number of days of delay in paying GST.
Late fee calculation for different return is detailed below:
- Reduced Late Fee For NIL Returns :
If the taxpayer owes no GST amount then also he needs to file a return.
If he fails to file the return within gst due date then he has to pay the reduced late fee along with original tax.
This late fee is charged on the basis of days. You need to pay a reduced fine of Rs.10 per day under CSGT and reduced fine of Rs.10 per day under SGST. Rs.20 is charged per day as the late fee.
Even under SGST a reduced late fee if Rs.20 is to be paid.
- Reduced Late Fee For Non Annual Returns :
If the taxpayer fails to file the return within gst payment due date then he has to pay a reduced late fee along with original tax.
This late fee is charged on the basis of the number of days of delay from the due date.
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You need to pay a reduced fine of Rs.25 per day under CSGT and reduced fine of Rs. 25 per day under SGST.
Total late fee per day will be Rs.50. Under IGST you need to pay a reduced fine of Rs.100 per day.
- Reduced Late Fee For Annual Returns :
Late Fee is even reduced on annual returns. You will need to pay Rs. 25 per day under CGST and RS. 25 per day under SGST.
GST Late Fees Calculator
The GST late fee calculator helps you in finding additional amount that you need to pay in case of late filing of returns or paying tax after gst payment due date.
Good and service tax calculator uses your input tax and output tax details. This late fee calculation consists of late fees, interest applied on the basis of the number of days of delay and penalty applied.
The gst late fee calculator can be used by every taxpayer. It is even used at GST portal and this calculator automatically updates your account with late fees.
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During filing GST-3B, GSTR-7, GSTR-8, GSTR-5, GSTR-6, GSTR-4, GSTR-5A you can see your summary of late fee to be paid by you.
The tax calculator does late fee calculation with the latest fee updated by CBIC.
|On Late Filing You Will Be Liable To||Fixed By CBIC||After Reduction (only for a duration)|
|Late Fee for Nil Return||SGST – Rs. 50/- per day|
CGST – Rs. 50/- per day
IGST – Rs. 100/- per day in specific cases
|SGST – Rs. 10/- per day|
CGST – Rs. 10/- per day
IGST – Rs. 20/- per day in specific cases
|Late Fee for Normal Return||SGST – Rs. 100/- per day|
CGST – Rs. 100/- per day
IGST – Rs. 200/- per day in specific cases
|SGST – Rs. 25/- per day|
CGST – Rs. 25/- per day
IGST – Rs. 100/- per day in specific cases
|Interest for Late Filing||18 % per annum||NIL|
|Interest for Reduction in output tax||24 % per annum||NIL|
|Penalty Without intentions of fraud||10% per annum||NIL|
|Penalty With intentions of fraud||100% per annum||NIL|
GST Late Fee Waivers
GST Late Fee can be reduced or it can be completely waived off in some special cases.
These GST late fee waivers are decided after considering financial turnovers.
The Central Board of Indirect Taxes and Customs has the authority to reduce and waive off late fees. Central Board of Indirect Taxes and Customs is abbreviated as CBIC.
These reductions are done for a given time duration and for specified businesses. GST Late Fee was waived off for those who filed return between 19 Dec 2019 to 17th January 2020 of GSTR-1 for a period of July 2017 to Nov 19.
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According to the latest GST Late Fee waiver notification by CBIC, late fee for delay in filing returns of february 2020 to april 2020 can be waived off.
Late fee can be waived off for taxpayers who file their GSTR-3B and GSTR-1 before 24th june 2020.
This GST Late Fee Waivers Scheme will help the business affected by lockdown due to corona pandemic.
You may see gst late fee waiver notification on some of the returns only.
GST Payment Challan
You can generate GST payment challan by following steps given below:
- Go To GST Portal : Type ‘https://www.gst.gov.in/’ to reach the official portal of GST.
- Go To Create Challan : Click on ‘services’ ,then click on ‘payment’ and then go to ‘create challan’ and click on it.
- Enter GSTIN : Create challan page will be displayed on your screen and here you have to enter your GSTIN or UIN or TMPID.
- Click To Proceed : Now, you have to type the same characters which are available on your screen under captcha field. Then you have to click on ‘Proceed’.
- Mode of Payment : Now, you have to select the mode of payment available in the tax liability grid.
- Enter Your Phone number : Enter your phone number related to GSTIN or UIN or TMPID. Then click on ‘Proceed’.
- Challan Is Generated : You have to do OTP verification. Challan will be displayed on your screen and you can download it by clicking on ‘Download’. You can click on ‘Make Payment’ and can continue your further payments.
How To Pay GST Late Fee After Logging In
Total amount of payable tax is stated on your GST portal. This total includes tax payable by you, late fees, interest and penalty.
This amount is calculated automatically. GST can not be filled without paying the fine of the last return.
Late fee is paid separately for SGST, CGST and IGST in their respective electronic cash ledger. This late fee can be paid in the form of cash in your cash ledger.
- Go To GST Portal : Go to the official portal of GST. Use your username and password to login in to your account.
- Go To Return Dashboard : You have to first select ‘Services’, then go to ‘Return’ , after clicking ‘Return’ go to ‘Returns Dashboard’.
- Choose Period Of Return : After clicking ‘Returns Dashboard’, ‘File Return’ page appears on your screen. Now to need to select the time period for which you want to file return. Then click ‘Search’.
- Click On Prepare Online button : Under ‘Monthly Return GSTR-3B’ you have to click ‘Prepare Online’.
- Click OK : Then your screen shows all the guidelines and then proceed further by clicking ‘OK’ if you agree with guidelines.
- Provide Information : You will be guided to a page where you have to answer certain questions. And then click on ‘NEXT’.
- Go To Interest and Late Fee : After clicking ‘NEXT’, you will be directed to the ‘Form GSTR-3B Monthly Return’ page. Here you have to click on ‘Interest and Late Fee’.
- Enter Your Details : You need to enter your details related to taxes. Then click ‘Confirm’.
- Now you have to click on ‘ Save GSTR3B ‘ : You will now see a page that will give you information about SGST, CGST and IGST late fee. You need to save this for future use, so click on ‘Save GSTR3B’.
- Payment : Now, you need to pay the total amount to proceed further. Click on ‘Proceed To Payment’. Then, a table listing available cash and ITC will appear on your screen. You can use available cash to pay liabilities. You can also ‘Make Payment/Post Credit To Ledger’ or ‘Create Challan’.
Latest Updates About GST Late Fee
GST Update – 27-05-2020
New registration application for Insolvency Resolution Professionals/ Resolution Professionals is to be done on GST portal.The IRP / RP have to apply for new registration within 30 days of their appointment.
GST Update – 27-04-2020
The taxpayer can fill Form GST PMT-09 now. The form is available on the official website. With help of this form a taxpayer can transfer the amount available in Cash Ledger. A taxpayer can transfer interest, late fee, amount of tax between the same head ( major or minor) or inter-head.
GST Update – 07-04-2020
Normal taxpayers can opt for the composition scheme for 2020-2021. Last date has been extended to 30th June.
This is done to provide help to taxpayers who are facing difficulty due to COVID-19 pandemic.
The taxpayer can apply for Government has extended dates for opting for GST CMP-02 Form for participating in Composition in FY 2020-21.
Last date for filing GST ITC 03 has also been extended and this can be filed till 31st July. This is detailed in notice stated by Central Tax on 03.04.2020.
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GST Update – 07-04-2020
GST Return filing dates have been extended for the taxpayer to provide relaxation to those who are facing problems during this lockdown due to COVID-19.
The taxpayers who have aggregate turnover greater than Rs. 5 crores in last year can file their return till or on 27th June for tax period of month of may and extended date for filing return of february, march and april is 24th June.
Taxpayers who have aggregate turnover greater than Rs. 1.5 crores to Rs. 5 crores in the last financial years can file return of february and march upto 29th June, 2020 and for tax period of april return can be filed till 30th June 2020.
The taxpayers may get further extension on basis of their state. Taxpayers who have aggregate turnover upto Rs. 1.5 crores in last year can file their return of february till 30th june, march till 03rd July, 2020 and for tax period of april return can be filed till 6th July 2020.
GST Update – 13-03-2020
Lot of forms are released on the official portal of GST. They are related to registration, refunds, filing returns and other forms for GST compliances. You can get details of these forms issued for taxpayers by downloading them from the official site.
GST Update – 01-01-2020
New GSTINs are entrusted for the taxpayers of Jammu and Kashmir, who have their business in Ladakh.
A list is issued by the government which contains old GSTINs along with new ones. Taxpayers will need to use new GSTINs for detailing their business while filing returns.
GST Late Fee Calculator FAQs
I have no amount to pay as GST return. Can I file GSTR?
Even if you didn’t have business during the defined tax period you have to file GST returns.
You have to detail your information in GSTR and submit it.
In case of failing to do so, you will have to pay a late fee which is charged on the daily basis, interest and penalty in case of offence. You have to file GST NIL Return till the due date.
Can GST late fees be waived? How do I waive a GST late fee?
GST late fee is waived off only under certain conditions. This is done as per guidance of the Central Board of Indirect Taxes and Customs.
Decisions of waiving off the late fee are made after considering financial turnovers in the preceding financial year and faults in returns filing portal.
This is done only for a short duration. Otherwise, late fee have to be paid before moving forward for filing next returns.
What is the penalty for late filing? How is GST late penalty calculated?
Penalty is charged on the basis of offence committed. In case of offence committed without intentions of fraud the taxpayer needs to pay 10% of unpaid tax as penalty.
While in case of deliberate offence, the taxpayer needs to pay 100% of unpaid tax as penalty along with the tax amount.
If you committed any offence with intention to fraud then you can be arrested and sent to jail.
Penalty is calculated as per laws of the CBIC. This gets auto calculated after entering your details on GST portal.
What happens if GSTR1 is filed late?
As per laws of CBIC, incase of filing late GST returns you will have to pay a late fee, which is charged on the daily basis. Interest is also applied to the total amount unpaid of tax, this is 18% in case of late filing of return and 24% in case of detailing reduction in output tax.
In case of offence you may be charged with penalties.
This penalty is 10% of unpaid tax for committing offense without intentions to fraud and 100% of unpaid tax for committing offense with intentions to fraud.
Is GST late fee allowed as an expense?
Yes, it is allowed as an expense under laws of Income Tax. GST late fee is considered as business expenditure.
What happens if I don’t pay GST?
Not registering for GST or not paying GST even if you are eligible to do so, is considered as an offence and you are charged with a penalty.
This penalty is decided on the basis of your intentions, whether it was done mistakenly or deliberately.
Not paying GST also attracts late fees and interest.
You will have to pay a greater amount afterwards. So, it’s better to pay your GST and that too under a given time duration.
Can I cancel gst registration without filing returns?
Cancelling GST registration means that you won’t be registered under GST anymore.
Some of the businesses are necessary to register for GST, if you continue your business after cancelling registration then you can be charged under an offence.
If you have a valid reason for cancelling your registration and you have filed a tax invoice that month then you must file an application under FORM GST REG 16.
In this form you have to mention your input and output tax details. Your registration will be cancelled after issuing of the order. If you have not filed any tax invoice in that month then you can login into your account at the portal of GST and click on the Cancellation of Provisional Registration then you have to answer some questions related to cancellation and your registration will be cancelled.
How is GST calculated?
When you once get registered under GST, you have to provide your monthly details of business, input and output tax and others while filing your return.
GST-3B auto generates after taking your GSTIN’s updated by your dealers.
After considering both input and output of tax total amount payable under gst is calculated.
Can GSTR1 be filed after due date date?
Yes, it can be filed after the GST due date. But you will have to pay the gstr1 late fees, interest and penalty for this.
Is late fee applicable on gstr1 ?
Yes, late fee is applicable on gstr1. The gstr1 late fees is decided by CBIC. This remains same as per the laws but this may be waived off or reduced under some conditions.
How to use gstr 3b late fee calculator? How is gstr 3b late fee calculated?
Gstr 3b late fee is auto generated on the GST portal. When you go for filing gstr 3b you will see that the summary of your late fee is already there.
This is calculated via gstr 3b late fee calculator.
This late fee is calculated on the basis of the delay in the number of days in filing your return. You have to pay the fine on the daily basis.