In this article, we will discuss 9 things that businesses need to check before paying their GST interest liability to ensure that they are not overpaying or underpaying their tax dues.
Late fees is waived off for Nil GSTR 3B of July 17 to Jan 20, if filed between 1st July 2020 to 30 Sept 2020. In case GSTR 3B having liability, late fees will be restricted to Rs. 250 only. For return period Feb 20 to July 20 late fees will be waived off if returns are filed within specified dates | GST Notification 52/2020