GST return is a documentation of all Sales details, Output tax liability and Input tax credit available. Filing these GST Return Filing in Chennai requires tax liability payments to the government by the taxpayers.
INTEREST ON LATE PAYMENT OF GST
For taxpayers who fail to pay taxes on time, interest will be levied at the rate of 18% per annum for the days after the due date. We take care of complete GST Return Filing in Chennai and other parts of the country.
- Collection and Verification Invoices
- Our Expert will prepare your GST Return and collect the documents necessary.
- Uploading Invoice Information
- Once the Invoices and documents are collected, we will file your GST Return Filing in Chennai.
- GST payment
- There after we need to submit and make the payment
For taxpayers who fail to pay taxes on time, interest will be levied at the rate of 18% per annum for the days after the due date.
Late fee for delayed filing of GST returns
| Governing Act | Late fee per day – GSTR 3B / GST CMP – 08 | Nil GSTR – 3B / GST CMP – 08 | Annual return |
|---|---|---|---|
| CGST Act | 25 | 10 | 100 |
| SGST Act | 25 | 10 | 100 |
| Total | 50 | 20 | 200 |
For all returns except annual return, maximum late fee is Rs.5,000. For annual returns, maximum late fee is 0.25% of taxpayer’s turnover in the relevant state or union territory.
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