Question ID : 38171

079710

if a GTA charged GST on forward basis and he fails to deposit GST and file return in continuation of more than 6 month and Now he has deposited the entire tax and file return . What is the consequences of such delay . He has not received any notice from department till date .

Answer ID : 76683

Interest and penalty can be initiated in near future

Answer ID : 76696

Interest and penalty can be charged for the delay.

Answer ID : 76701

How much penalty to be paid and what is the procedure to avoid the penalty as any reasonable ground and what should we do ?

Answer ID : 76704

If any tax collected by the GTA and not deposited, the same has to be deposited with Interest and file return (With late fees). Department can cancel the GST No. if return not filled for more than 6 months, if it is not cancelled yet and you have file return , i think there is no further question from department.

Answer ID : 76705

If any tax collected by the GTA and not deposited, the same has to be deposited with Interest and file return (With late fees). Department can cancel the GST No. if return not filled for more than 6 months, if it is not cancelled yet and you have file return , i think there is no further question from department.

Answer ID : 76709

GTA has to pay 18% pa interest on late deposit and Rs 200/ per day penalty on late filing of returns

Answer ID : 76716

as per the original scheme, itc will be allowed on a provisional basis in the month of claim. the gstn will match the itc claim with gstr 1 of the supplier and if the supply is not uploaded and tax paid, in the subsequent month, the system will automatically reverse the claim and tax will be payable subsequently, when the supplier uploads the supply in his return, the itc will be allowed by the system. in the present case, nothing is to be done, as the supplier has already uploaded the supply and paid tax.

Answer ID : 76722

May be laible to pay interest for delayed payment and penalty u/s 122 as well.

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