GST Late fee & Interest Calculator

Late GST payment accrues interest. Registered taxpayers who pay GST late, claim an excess ITC, or reduce an excess output tax burden must pay the interest.

1. Late fees for NIL returns (no transactions) on Form GSTR-3B are Rs. 20 per day.
2. The upper limit of the penalty imposed on each return is Rs. 10,000.
3. As of June 2020, the highest penalty per return for NIL return is fixed at Rs. 500. For returns made before June 2020, a maximum penalty of Rs. 10,000 is imposed.
4. Late fees for non-NIL returns on Form GSTR-3B are Rs. 50 per day.
5. Starting from Jun 2020, if you have sales during the return period, the utmost penalty per return is as follows:
   • Turnover up to Rs 1.5 Crores — Rs 2000 per return
   • Turnover between Rs 1.5 crore to Rs 5 Crores — Rs 5000 per return
   • Turnover above Rs 5 Crores — Rs 10,000 per return

While it is self-explanatory and intuitive to use the calculator as is, below would help

1. From which date should you file GSTR 3B? — Select the date from which you would like to file either NIL or a return with sales.
2. Expected date of filing? — Enter the date on which you would like to prepare and upload your return. By default, this field is populated with today's date.
3. GST Return Frequency? — Select Monthly or Quarterly. While the due date is fixed for Monthly to 20th of the following month, it is 22nd or 24th based on the GST registered state.
4. Annual GST Turnover (per previous FY turnover) — This would influence per return max cap.
5. Do you have any Sales during this period? — If selected 'Yes', it would ask you to enter "Total GST Tax Liability" (amount to pay to the GST Dept.) to calculate the interest for the delay in filing.

The maximum penalty limit of Rs. 10,000 is per return (monthly or quarterly).

A NIL GST return occurs when there are no sale transactions during the period for which the return is being calculated, regardless of whether there were any purchases.

When there are multiple GST returns that need to be filed, the earliest return should be filed first, followed by the subsequent returns.

It is not feasible to submit GST returns in an ad hoc manner or to file the most recent one first without also submitting the GST return for the oldest month.

Get in touch with the EZTax Expert Team using the online chat on this page, if you need more help.

The GST department may look into a case for suspension if there is a big difference between the sales recorded against a GST and the purchases recorded with the customer. Refer GST Suspension Rules for more information.

The GST department usually stops the GST that isn't being properly filed and regular GSTR-3B and GSTR-1 forms aren't being filed. Once it's been put on hold, you can work with the local GST officer to officially close it. But the officer may often demand that you pay the late fees and file GST up to the present day before you can ask for a formal GST closure.

Even though it doesn't happen often, the GST officer may decide to close the account without paying the fine.

Yes, you must file GSTR-3B and GSTR-1 regularly until the GST closes. Refer EZTax GST Tax Calendar for the schedule.