Question ID :
44647
082701
Applied for GST cancellation on 26-4-24 wef 31-3-2024
Last GSTR 3B for march filed a couple of days back Also some interest is payable How should I pay Late fee and Interest
Posted by
Mahesh Kumar
on
May 08, 2024
Filed Under
GST
You need to pay the late fees and interest through GSTR-10 - final return.
Posted by
MAYANK A JAIN on
May 08, 2024
Answer ID :
85410
Ideally. the interest should have been paid in the March month GSTR-3B, for the delay in filing the GST return. Further, the GST portal is programmed to auto calculate and fill the late fee automatically. In the instant case, as there is a delay in filing
GSTR-3B of March, while filing the GSTR-3B of April, the late fee would be auto calculated and auto filled. However, in the Instant case, as the registration is cancelled w.e.f 31t March, there may not be a requirement to file GSTR-1 and 3B of April.
If the taxpayer want to delay the filing of final return in Form GSTR-10. In such a case, he may discharge interest amount through DRC-03, to save the interest amount.
Posted by
SREENIVASULU THULASIRAM on
May 08, 2024