What happens if GST return is not filed?

If you don’t file any GST return then subsequent returns cannot be filed. For example, if GSTR-2 return of August is not filed then the next return GSTR-3 and subsequent returns of September cannot be filed. Hence, late filing of GST return will have a cascading effect leading to heavy fines and penalty (see below).

What is maximum amount of late fee for non filing of GST returns?

Late fees for non-annual GST returns 100 under SGST Act. Thus, per day a late fee of INR 200 is applicable. This late fee is accumulated every day till the returns are filed and the late fees have been paid. The total amount cannot gather more than INR 5000.

What happens if you dont file GST for 6 months?

The concerned officer of GST may cancel the GST registration of the taxpayer, upon failing to file monthly returns continuously for six months. The GST officer can cancel the GST registration of a composition taxable person if the taxpayer fails to file the GST returns continuously for three consecutive tax periods.

What is the penalty for not filing nil GST return?

If NIL return is not filed, a penalty of Rs.100 per day (Rs.50/- on CGST and Rs. 50/- in SGST) is applicable till the filing is complete. Hence, all taxpayer having GST registration must submit NIL GST return before the deadline.

What if I did not file GST return before the deadline?

Hence, all taxpayer having GST registration must submit NIL GST return before the deadline. It is good news for you , if you did not fill the GST return from July 2017 to September 2018 than government already waive off the penalty. Now you can file return without penalty for this time period.

What if there are no GST invoices issued during the month?

Hence, even if there were no invoices issued during a month, the taxpayer must login to the GST Portal and submit a NIL return. If NIL return is not filed, a penalty of Rs.100 per day is applicable until the filing is complete. Hence, all taxpayer having GST registration must submit NIL GST return before the deadline.

How to avoid GST late fee penalty?

However, if you have made any GST sales or purchase then you should first file the returns till the month in which you have last GST sales or purchase and then ask the Assessing Officer to cancel your GSTIN from that month so save GST late fee penalty.