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Manual > Online and Offline GST Payments (Post Login)
How to make the payment
post-login on the GST Portal after generating the challan?
To make the GST payment post-login to the GST Portal once the challan is
generated, perform the following steps:
1. Access the https://www.gst.gov.in/ URL. The GST Home page is
displayed.
2. Login to the GST Portal with valid credentials.
3. Access the generated challan. Click the Services >
Payments > Challan History command.
4. Select the CPIN link for which you want to make the payment.
Note: In case you don’t know the CPIN number, you can select the Search
By Date option to search the CPIN number by date on which it was generated.
5. Select the Mode of E-Payment.
For payment through Net Banking
a. Select
the Bank through which you want to make the payment.
b. Select
the checkbox for Terms and Conditions apply.
c. Click
the MAKE PAYMENT button.
For
Payment through Credit/ Debit Cards
a. In the
Please select a payment gateway, select the payment gateway option.
b. Select
the checkbox for Terms and Conditions apply.
c. Click
the MAKE PAYMENT button.
Note: You will be directed to the Net Banking page of the selected Bank. The payment amount is shown at the Bank’s website. If you want to change the amount, cancel the transaction and create a new challan.
In case of successful payment, you will be re-directed to the GST Portal
where the transaction status will be displayed. The payment receipt is
displayed.
• To view
the receipt, click the View Receipt link.
• You can
also make another payment by clicking the MAKE ANOTHER PAYMENT button.
• You can
view the Electronic Cash ledger by clicking the Click here to view your
Cash Ledger link.
In case of Over the Counter
a. In the Payment Modes option, select the Over the Counter as
payment mode.
b. Select the Name of Bank where cash or instrument is proposed to be
deposited.
c. Select the type of instrument as Cash/ Cheque/ Demand Draft.
d. Click the GENERATE CHALLAN button.
e. Take a print out of the Challan and visit the selected Bank.
f. Pay using Cash/ Cheque/ Demand Draft within the Challan’s validity
period.
g. Status of the payment will be updated on the GST Portal after
confirmation from the Bank.
In case of NEFT/ RTGS
a. In the Payment Modes option, select the NEFT/RTGS as
payment mode.
b. In the Remitting Bank drop-down list, select the
name of the remitting bank.
c. Click the GENERATE CHALLAN button.
d. Take a print out of the Challan and visit the selected Bank. Mandate
form will also be generated simultaneously.
e. Pay using Cheque through your account with the selected Bank/
Branch.You can also pay using the account debit facility.
f. The transaction will be processed by the Bank and RBI shall confirm
the same within <2 hours>.
g. Once you receive the Unique Transaction Number (UTR) on your
registered e-mail or mobile number, you can link the UTR with the NEFT/RTGS
CPIN on the GST Portal. Go to Challan History and click
the CPIN link. Enter the UTR and link it with
the NEFT/RTGS payment.
h. Status of the payment will be updated on the GST Portal after
confirmation from the Bank.
i. The payment will be updated in the Electronic Cash Ledger in
respective minor/major heads.
A BRIEF INFORMATION
REGARDING GST LATE FEE AND INTEREST
In the present powerful universe of money and tax assessment, every
financial decision carries its weight in legal obligations. A crucial element
that impacts individuals and businesses alike is GST Return, Late Fees and
Interest. In this manner, understanding the guidelines for these is significant
for remaining agreeable.
To begin with, it is important to understand that GST Late Fees and
Interest are financial penalties. These are forced by charge experts for
neglecting to comply with the time constraints for documenting GST returns.
Charges serve as both a deterrent and a source of revenue for the Government.
A GST Return (GSTR) is like your financial diary, that captures details
of every sale, purchase, and the taxes you've paid and collected. It is your
duty report card, and after you've written down every one of the numbers, you
settle your assessment contribution. These Returns aren't just paperwork; they
are the heartbeat of GST compliance, ensuring businesses and individuals stay
in tune with the tax rhythm of the nation. So, consider your GSTR not as a simple
structure but rather as your key to burden concordance and monetary thriving.
Failing to submit GSTR on time results in a GST late fee. It is crucial
to make GST payments on time; however, if the situation for payment of a late
fee for GSTR arises, citizens should know about the ramifications. How about we
take a gander at GSTR late expenses and their viewpoints.
GST Return Late Fees and Interest: Definition and Purpose
The GST return (GSTR) late fee is a payment for the late submission of
GST returns. When a registered business misses the deadlines for filing GSTR, a
statutory late fee must be paid. This late fee payment is computed on a daily
basis for delayed payment from the payment due date. The Input Tax Credit (ITC)
made accessible by an electronic credit ledger cannot be used by the taxpayer
to pay the late fee. Instead, the taxpayer must pay the late fee in cash.
While late fees and interest are crucial aspects of GST non-compliance,
payment methods may vary depending on the specific return type and system. Late
fees are only incurred in case of delay in submitting or filing GST returns.
However, interest is charged not only for the delayed payment but also for
excess utilization of ITC or short payment of taxes
Taxpayer Due Dates
Based on the type of taxpayer, the GST payment due date differs. Thus,
the reader can see the list below and determine the day their GST payment due
date arises so that they do not have to pay the GST late fee. Following are the
different categories of the taxpayer and their respective deadlines:
|
Taxpayer |
Due
Date |
|
GSTR-3B |
20th of the next month |
|
Composition
dealer - CMP-08 |
18th of the month after the
end of the quarter + annual return before 30th April |
|
Non-Resident
taxpayer - GSTR-05 |
20th of the next month |
|
Input Service
Distributor - GSTR-6 |
13th of the next month |
|
TDS
Deductor - GSTR-7 |
10th of the next month |
|
TCS
Collector - GSTR-8 |
10th of the next month |
GST Late Fees
Calculation
If a taxpayer has missed the GSTR payment due date, due to some or the
other reason, the next step is determining what total amount of the GST late
fee is. Depending on the return form, the due date and taxpayer changes. Such
as:
|
GSTR
form |
Who
files |
Late
fee |
|
GSTR 3B |
Every
taxpayer registered under GST must file the GSTR 3B form to avoid GSTR 3B
late fee. |
GSTR 3B
late fee is Rs. 20 (CGST Rs.10 and SGST Rs.10) per day and maximum of Rs. 500
(CGST Rs.250 and SGST Rs.250) if no transactions for returns have occurred
but there are acquisitions. Rs. 50
(SGST Rs. 25 and CGST Rs 25) in all other situations. A
maximum penalty of Rs. 10,000 (SGST- Rs. 5,000 and CGST Rs. 5,000) for each
return is to be paid. |
|
GSTR 1 |
Registered
taxable supplier file details of outbound supplies of taxable goods and
services under this form. |
Rs. 200
a day (SGST- Rs. 100 and CGST- Rs. 100). Presently,
the government is not accepting GSTR 1 late payments as GSTR 1 was not
considered in the GST return late fee calculator. |
|
GSTR 9
and 9A |
Registered
taxable person file under this form |
GSTR 9A
and 9 late fees is Rs. 200 a day (SGST- Rs. 100 and CGST- Rs. 100) up to a
limit of 0.50 percent (SGST -0.25 percent and CGST - 0.25) of turnover. |
|
GSTR 9C |
Every
registered person under GST whose turnover during a financial year exceeds
the prescribed limit of Rs. 5 crores |
GSTR 9C
late fees is ₹200 per day for each day of delay, subject to a maximum of 0.5%
of your turnover. |
|
GSTR 10 |
Every
taxable person whose registration has been canceled or surrendered should
file under this form. |
Rs. 200
a day (SGST- Rs. 100 and CGST- Rs. 100). There
is no maximum penalty under this GST form. |
Interest on Late Payment
of GST:
If the taxpayer is unable to pay GST on time due to some reason, an
interest is charged on the GST payment. An interest on late payment of GST is
of 18% per annum and will be charged for the days after the due date.
For
instance: If the
taxpayer is unable to pay the GST amount (hypothetically say INR 50,000) by
July 10th, the interest will be calculated from the due date of June
20th until the payment date. So, for the 20-day delay, the
interest would be Rs.493
(Rs.50,000 x 18% per annum (interest on GST late payment) x 20 days)/365
days
Penalty on Missing the
GST Due Date:
When a person breaks any law, rule or contract a ‘penalty’ is imposed as
punishment. In GST, if any person or business violates any provision prescribed
in the GST Act or rules, would also be subject to penalty. Therefore, upon non
–filing of GST returns or missing out the GST due dates, the GST law prescribes
a general penalty. The maximum penalty that may be imposed is Rs.5,000. The
taxpayer will be required to pay interest on late payment of GST at a rate of
18% annually in addition to the late payment penalty. Further, the period of
interest payment will be calculated starting on the filing deadline and ending
on the day that the payment is actually paid.
It is important to note that a benefit of exemption is provided to the
integrated GST, or IGST, as it is exempt from late fees if the return
submission is delayed.
For example, if a company fails to submit returns by the specified
deadlines, it is required to pay a penalty of Rs. 50 per day. This penalty is
divided into Rs. 25 per day for both CGST and SGST in instances where there is
a tax liability (according to form 3B), and Rs. 20 per day for both CGST and
SGST in cases of zero tax liability. However, the total penalty is capped at
Rs. 5000, regardless of the amount owed.
Rules Applicable for GST
Payment for Taxpayers
As a GST taxpayer, taxpayers must adhere to the following rules to avoid
paying late fees or penalties for GSTR:
1.The electronic cash ledger will
be credited if payment is made for tax, interest, penalty, and fee is made via
online banking, a credit card, NEFT, or RTGS. Outstanding interest, charges, or
obligations in the taxpayer's digital cash ledger will be addressed using the
available funds.
2.Challans are used to pay for the
GST PMT-06 form, and each challan has a 15-day expiration date. When a payment
is made, a Challan Identification Number (CIN) is given. The taxpayer can submit
Form GST PMT-07 if the CIN is not produced.
3.Sometimes, if online payments are
made after 8 p.m., they will get credited to the taxpayer's account on the
following day. Challans for all tax-related payments, including fines,
penalties, and interest, will exclusively be generated through the GST portal. Cash, checks, or demand drafts can be used to settle payments under
10,000 rupees at authorized banks. However, digital transactions are the sole
method accepted for payments exceeding Rs.10,000.
Conclusion
In the ever-evolving landscape of taxation, the significance of
understanding GST return late fees and interest cannot be overstated. These
financial penalties serve as a critical reminder of the importance of
punctuality and compliance in the world of GST. They are not mere monetary
deductions but rather powerful incentives to meet deadlines and promptly
fulfill tax obligations.
As taxpayers, mastering the intricacies of these charges empowers us to
navigate the tax maze with confidence and financial prudence. Thus, timely GST
returns filing is crucial to avoid incurring late fees for GSTR and interest.
Complying with deadlines not only prevents financial burdens but also supports
efficient tax administration. Stay vigilant and file your GST returns promptly
to ensure smooth business operations and adherence to regulatory requirements.
Kotak Mahindra Bank is an authorized bank to collect Goods &
Services Tax (GST) through its digital integration with the GST portal.
Individual and corporate customers can make end-to-end tax payments on this
portal simply by selecting Kotak Net Banking as a payment option or pay using
Credit Card/Debit Card or UPI of any bank via the Kotak Payment Gateway.
Customers can also make GST payments through cash, cheque or DD by selecting
“Over-the-Counter” mode of payment while creating a challan on the GSTN portal.
Late Fees and Interest on GST Returns
When a business doesn't file a GST (Goods
and Services Tax) return or pay tax liability on time, the department will
charge late fees and interest. Hence, understanding these aspects is important
for businesses. This article covers all about interest and late fees under GST.
Taxpayer Due Dates Under GST
The due dates for GST returns depends
on the type of taxpayer and return forms.
|
Return Form under GST |
Due Date |
|
GSTR-1 (Monthly) |
11th of the next month |
|
GSTR-1 (Quarterly) |
13th of the month succeeding the quarter |
|
GSTR-3B (Monthly) |
20th of the next month |
|
GSTR-3B (Quarterly) |
22nd or 24th of the month succeeding the quarter** |
|
CMP-08 (Quarterly) |
18th of the month succeeding the quarter |
|
GSTR-4 (Annual) |
30th of June succeeding the financial year for FY 2024-25 (Previously 30th of April succeeding the financial year) |
|
GSTR-5 (Monthly) |
13th of the next month |
|
GSTR-5A (Monthly) |
20th of the next month |
|
GSTR-6 (Monthly) |
13th of the next month |
|
GSTR-7 (Monthly) |
10th of the next month |
|
GSTR-8 (Monthly) |
10th of the next month |
|
GSTR-9 (Annual) |
31st December of the next financial year |
|
GSTR-9B (Annual) |
31st December of the next financial year |
|
GSTR-9C (Annual) |
31st December of the next financial year |
|
GSTR-10 (One time) |
Within three months of the date of cancellation of the GST registration / date of cancellation order, whichever is later. |
|
ITC-04 (Annual/Half-yearly) |
25th April of the next FY, where AATO is up to Rs.5 crore, and 25th October of the same FY for Apr-Sep and 25th April of the next FY for Oct-Mar, where AATO exceeds Rs.5 crore |
**For the taxpayers with aggregate turnover equal to or below
Rs 5 crore, eligible and remain opted into the QRMP scheme, 22nd of month next
to the quarter for taxpayers in category X states/UTs and 24th of month next to
the quarter for taxpayers in category Y states/UTs
Category X: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra,
Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union
territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman
and Nicobar Islands and Lakshadweep.
Category Y: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan,
Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram,
Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union
Territories of Jammu and Kashmir, Ladakh, Chandigarh and New Delhi.
Please note: GST filings as per the CGST Act are
subject to changes by CBIC notifications/orders.
Interest on Late Payment of GST
Interest is applicable on late payment of GST liability on
the net tax liability after reducing the input tax credit claims. Interest
charges apply when a taxpayer does not pay the GST amount by the respective due
date. (You can find the list of GST due dates in the section above).
The interest has to be paid by every taxpayer who:
- Makes
a delayed GST payment i.e. pays CGST, SGST or IGST after the due date.
- Claims
excess input tax credit
- Reduces
excess output tax liability
If GST is not paid within the due dates of filing return
Interest at following rates has to be paid:
|
Particulars |
Interest |
|
Tax paid after due date* |
18% per annum |
|
Excess ITC Claimed or excess reduction in Output Tax |
24% per annum |
For example, a taxpayer fails to make a tax payment of
Rs.10,000 for the month of May 2024, where the due date was 20th June 2024. If
they make the payment on 20th July 2024, the interest for the delay period (30
days: from 21st June till 20th July) will be calculated as follows:
Interest = (Outstanding Tax x Interest Rate x Number of Days) / 365
Interest = (10,000 x 18% x 30) / 365 = ₹147.95
What are Late Fees Under GST?
As per the GST laws, late fee is an amount charged for delay
in filing the GST
returns. It is a penalty charged for missing the GST return filing due
date. The department prescribed late fees charged for each day of delay from prescribed
due dates as listed in the section above.
The late fee is also applicable for the delay in filing nil
returns. For example, one has to pay a late fee even though there are no sales
or purchases and no GST liability to declare in the GSTR-3B.
The late fee will depend upon the number of days of delay
from the due date.
For example, GSTR-3B is filed on 23rd January 2024, 3 days
after the prescribed due date i.e 20th January 2024. The late fees will be
calculated for three days and it should be deposited in cash.
The GST portal charges a late fee on GST returns such as:
Note: The late fee should be paid in cash and the taxpayer cannot
use the Input Tax Credit (ITC) available in electronic credit ledger for
payment of late fee.
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Late Fees and Penalties Under GST
The following is the list of late fees and penalties under
the GST law for delayed filing of GST returns beyond the due dates listed
above.
Late Fee Computation for GSTR-3B and GSTR-1
- As
per the GST Acts, for intrastate supplies, the late fee should be paid
under both the CGST and SGST Act as follows:
|
Name of the Act |
Late fees for every day of delay |
|
Central Goods and Services Act, 2017 |
Rs 25* |
|
Respective State Goods and Services Act, 2017 (or) Union territory Goods and Services Act, 2017 |
Rs 25* |
|
Total late fees to be paid per day |
Rs 50* |
|
The law has fixed a maximum late fees of Rs 10,000 up to
May 2021. This means that in any case, the maximum late fees that can be
charged by the Government is Rs 5,000 each return being filed under each Act. |
|
- The Nil return filers must pay the below mentioned late fee:
|
Name of the Act |
Late fees for every day of delay |
|
CGST Act |
Rs 10* |
|
SGST Act |
Rs 10* |
|
Total late fees to be paid per day |
Rs 20* |
|
The maximum late fee has been rationalised for GSTR-1 and GSTR-3B from the June 2021 return period onwards, given in the section below. |
|
For example, a taxpayer has filed GSTR-3B for March 2024 on
23rd March 2024, where the actual due date was 20th March 2024.
Amount of late fees to be paid would be Rs.150 (Rs. 50 per
day for 3 days). The late fee would be Rs.75 under CGST and Rs.75 under SGST.
If the above return was a return with ‘Nil’ tax liability
then late fees would be Rs. 60 (20 per day 3 days). The late fee would be
Rs.30 under CGST and Rs.30 under SGST.
You can use the calculator here to find out the applicable
late fees and interest: Clear
GSTR-3B Interest and Late Fee Calculator
Late Fees for GST annual return (GSTR-9)
|
Name of the Act |
For taxpayers whose turnover is up to Rs 5 crore |
For taxpayers whose turnover is more than Rs 5 crores
& up to Rs 20 crore |
For taxpayers whose turnover is more than Rs 20 crore |
|
Central Goods and Services Act, 2017 |
Rs 25* |
Rs 50* |
Rs 100 |
|
Respective State Goods and Services Act, 2017 (or) Union territory Goods and Services Act, 2017 |
Rs 25* |
Rs 50* |
Rs 100 |
|
Total Late fees to be paid |
Rs 50* |
Rs 100* |
Rs 200 |
|
Maximum late fees that can be charged |
0.04% of turnover in state or union territory |
0.04% of turnover in state or union territory |
0.25% of the turnover for the financial year |
*CBIC issued notification no: 07/2023–Central Tax to reduce
late fee for delayed GSTR-9 filing from FY 2022-23 onwards:
1.Reduced the late fee for GSTR-9 from
FY 2022-23:
1.Taxpayers whose Annual Aggregate
Turnover (AATO) is up to Rs.5 cr shall pay Rs. 50 per day subject to a maximum
of 0.04% of turnover in state or union territory.
2.Taxpayers whose AATO is more than
Rs.5 cr to 20 cr shall pay Rs 100 per day subject to a maximum of 0.04% of
turnover in state or union territory.
2. Also, taxpayers who file
pending GSTR-9 for FYs 2017-18, 2018-19, 2019-20, 2020-21, and 2021-22 shall
pay a maximum late fee of Rs 20,000. This reduced late fee applies only when
you file pending GSTR-9 between 01st April 2023 to 30th June 2023.
Maximum Amount of Late Fees Under GST
Note that the maximum late fees have been rationalised from
the month of June 2021 and quarter ending June 2021.
As per the 43rd GST
Council meeting’s outcome, maximum late fee is reduced to the following
amounts based on type of return and turnover slab, notified via the CGST
notifications 19/2021, 20/2021,21/2021 dated 1st June 2021 for GSTR-3B and
GSTR-1.
|
Name of the return |
Type of return |
Annual turnover in previous year |
Maximum late fee under CGST |
Maximum late fee under SGST |
Maximum late fee |
|
GSTR-1 and GSTR-3B |
Nil return |
NA |
Rs 250 |
Rs 250 |
Rs 500 |
|
Other than Nil return |
Up to Rs.1.5 crore |
Rs.1,000 |
Rs.1,000 |
Rs.2,000 |
|
|
Between Rs.1.5 crore and Rs.5 crore |
Rs. 2,500 |
Rs. 2,500 |
Rs. 5,000 |
||
|
More than Rs.5 crore |
Rs. 5,000 |
Rs. 5,000 |
Rs. 10,000 |
||
|
GSTR-4 |
Nil return |
NA |
Rs 250 |
Rs 250 |
Rs 500 |
|
Other than Nil return |
NA |
Rs.1,000 |
Rs.1,000 |
Rs.2,000 |
|
|
GSTR-7 |
NA |
NA |
Rs.1,000 |
Rs.1,000 |
Rs.2,000 |
Further, according to CGST notification 22/2021 dated 1st
June 2021, the late fee chargeable for GSTR-7 is reduced from Rs.200 to Rs.50
per day of delay, per act, per return.
List of Late Fee Notifications up to 2021
Following are the changes that have been made on the applicability
of the late fees:
GSTR-1
|
Applicable return period/s |
Applicability of late fee |
Link to notification |
|
June 2021 onwards for monthly filers and quarter-ended June 2021 onwards for QRMP taxpayers |
Maximum late fee is reduced. For nil filers, it is fixed at Rs.500 per return. For the rest, it is fixed as per turnover slabs, explained in the above section. |
|
|
Months March 2020 – June 2020 and Quarter ending 31st March 2020 and 30th June 2020 |
Waived off completely if filed before the specified dates of July-August 2020. |
|
|
Months March 2020 – April 2020 and Quarter ending 31st March 2020 |
Waived off completely if filed before the specified dates of June-July 2020. |
|
|
July 2017 – November 2019 |
Waived off completely if filed between the period from 19th December 2019 to 10th January 2020 |
|
|
July 2019 |
Waived off completely for taxpayers in certain districts of the flood-affected States and all districts of J&K |
|
|
July 2017 – September 2018 |
Waived off completely** |
|
|
July 2017 onwards |
Reduced Late fee** |
GSTR-3B
|
Applicable return period/s |
Applicability of late fee |
Link to notification |
|
For June 2021 onwards in case of monthly filers and quarter-ended June 2021 onwards for QRMP taxpayers |
Maximum late fee is reduced. For nil filers, it is fixed at Rs.500 per return. For the rest, it is fixed as per turnover slabs, explained in the above section. |
|
|
From July 2017 to April 2021 |
Conditional waiver of late fee for delay in filing GSTR-3B, If now filed between 1st June to 31st August 2021 with maximum late fee charged at Rs.500 per act per return. |
|
|
For monthly filers: March and April 2021 |
Conditional waiver of late fee for delay in filing
GSTR-3BFor turnover more than Rs.5 crore- No late fee for 15 days of delay |
|
|
For turnover more than Rs 5 crore |
The maximum late fee to be capped at Rs 500 per return filed after the dates given in notification 52/2020 but before 30th September 2020, whereas nil return to not be charged any late fee. |
|
|
1. For turnover more than Rs 5 crore |
1. & 2. Waived off completely if the filed before the
staggered specified dates of June-September 2020. |
|
|
February 2020 – April 2020 |
Waived off completely if the filed before the staggered specified dates of June-July 2020. |
|
|
October 2018 onwards |
Reduced Late fee** |
|
|
July 2017 -September 2018 |
Reduced Late fee** |
|
|
July 2017 -September 2018 |
Waived off completely** |
|
|
October 2017 only |
Waived off completely** |
|
|
October 2017-April 2018 |
Waived off completely** |
|
|
October 2017 onwards |
Reduced Late fee** |
|
|
July 2017 -September 2017 |
Waived off completely** |
GSTR-4 (Annual)
|
Applicable return period/s |
Applicability of late fee |
Link to notification |
|
FY 2021-22 onwards |
Maximum late fee that can be charged will be restricted to Rs.500 per return for nil filing and Rs. 2,000 for other than nil filing. |
GSTR-5
|
Applicable return period/s |
Applicability of late fee |
Link to notification |
|
July 2017 onwards |
Reduced Late fee** |
GSTR-5A
|
Applicable return period/s |
Applicability of late fee |
Link to notification |
|
Returns for July 2017 onwards filed on or after 7th Mar 2018 |
Full Late fee applicable^ |
|
|
July 2017 onwards |
Reduced Late fee** |
GSTR-6
|
Applicable return period/s |
Applicability of late fee |
Link to notification |
|
July 2019 |
Waived off completely for for taxpayers in certain districts of the flood-affected States and all districts of J&K |
|
|
For any tax period prior to January 2018 |
Completely waived off** |
|
|
July 2017 onwards |
Reduced Late fee** |
Note: Rest of the returns like GSTR-7, GSTR-8, or GSTR-9 will have
late fees applicable to them as per the Act at normal fee.
** If paid before the waiver, this amount will be credited
into the electronic cash ledger for use, to pay against the tax
liability.
^ The previous notification 6/2018 was cancelled
prospectively.
How to Pay Late Fees on the GST portal?
The late fee applicable will be automatically calculated by
the GST portal while submitting the GST returns. The current month/quarter late
fee should be paid when filing the next month/quarter returns.
The late fee is paid in cash separately for CGST, and SGST in
separate electronic cash ledgers. GST return cannot be filed without the
payment of the Late fee.
Late fee for the month includes previous month’s late fee
charged due to delay in filing of the return. Also, non-payment or late payment
of GST attracts Interest.
Rules Applicable for GST Payment for Taxpayers
GST payment rules vary based on a few factors. Here are the
main rules for regular taxpayers, composition scheme taxpayers, and casual
taxable persons:
1. Regular Taxpayers: Must file GSTR-1 and GSTR-3B. Filing
must include payment of due tax to avoid interest and late fees.
2. Composition Scheme Taxpayers: Taxpayers under the
composition scheme file returns annually (GSTR-4) but must make quarterly
payments via CMP-08. Late payments attract both interest and penalties.
3. Casual Taxable Persons: Casual taxpayers, such as those
temporarily engaged in business, need to register for GST and pay taxes in
advance based on their estimated liability. Failing to pay on time incurs
penalties similar to regular taxpayers.
Each category of taxpayers has its own rules in regard to return forms and
deadlines, but the general advice is the same—meet the due dates to avoid extra
charges. In addition, taxpayers must maintain proper documentation to support
GST payments and input tax credit claimed.
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