GST Notification 21/2021 | Maximum late fees applicable for delay in filing GSTR 4 from FY 2020-21 is rationalized

GST Notification 21/2021-Central Tax ,dt. 01-06-2021

Maximum Late fees payable on account of delay in filing GSTR 4 from FY 2021-22 onwards is mentioned below

Refer the table below

Criteria Maximum late fees
Nil tax liability Rs. 500
(Rs. 250 each for CGST and SGST)
Other than nil tax liability Rs. 2000
(Rs. 1000 each for CGST and SGST)
Samaira Tolani

Samaira Tolani is a Chartered Accountant with 4 years of experience in Compliance and Financial Reporting. She is a GST expert, currently working with IRIS as GST Consultant . Before this, she was part of compliance team of Blue Star, Piramal Pharma and Novartis. A diploma holder in IFRS with ACCA, she loves listening to music, travelling and reading fiction.

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