WebAug 20, 2024 · MGT 7 Form is for the purpose of monitoring the annual return details of a company. While the rest of the information is for general interest, the concerned individuals must know the upcoming MGT 7 due date for FY 2024-2024 for avoiding any penalties. The MGT 7 needs to be filled by all the businesses in electronic form provided by the Ministry … WebJan 3, 2024 · Penalty Norms When you Miss the Due Date of GSTR-9 Filing. As per the penalty provisions of the GSTR-9 annual return form, the taxpayer has to pay Rs. 200 per …
Penalty for non-filing of GST Returns – TaxDose.com
WebJan 8, 2024 · Besides this, the taxpayer also needs to file Annual Returns. Related Post: Why Choose to Go For a 1031 Tax Exchange? GST is applicable to all business owners, small or big and even those with zero returns. ... Reminder: For yearly or monthly filing of GST return, the maximum penalty cannot be more than INR 5000. Also, the late fee for missing ... Web2 hours ago · GSTR-9: This return is an annual return that is required to be filed by all taxpayers registered under GST. GSTR-10: This return is used to report the details of a taxpayer who has cancelled his GST registration. *****. The author is a GST and Income Tax Practisioner and can be contacted at 9024915488. Tags: goods and services tax, GST, … motec garage chinnor
All About GSTR 9 Online Filing with Due Dates and Penalty
WebApr 11, 2024 · BY Jun Ramirez. Apr 11, 2024 11:40 PM. The Bureau of Internal Revenue (BIR) is not keen on extending the April 17 deadline for the submission of the 2024 income tax return (ITR). BIR Commissioner Romeo D. Lumagui, Jr. said the ITR maybe filed at any revenue district office (RDO) nationwide without penalty for wrong venue filing, and the … WebApr 26, 2024 · In case of Nil GST Return filing the maximum penalty on late filing will be INR 500 (250 CGST + 250 SGST). If the preceding financial year’s annual turnover was less than INR1.5 crore, a late fee of up to INR 2,000 per report can be … WebApr 3, 2024 · Penalty Norms When you Miss the Due Date of GSTR-9 Filing. As per the penalty provisions of the GSTR-9 annual return form, the taxpayer has to pay Rs. 200 per … mining and scientific press