Table of Contents
Guide on Mandatory GST Forms – Due Dates, Late Fees & Penalties
Goods and Services Tax compliance is non-negotiable. Missing deadlines can lead to late fees, interest, ITC blockage, notices, and even cancellation of Goods and Services Tax registration. Goods and Services Tax Taxpayer Always reconcile GSTR-2B before filing GSTR-3B to avoid ITC mismatches and Maintain a GST compliance calendar for stress-free compliance. We should remember that
- Late filing = Late fee + Interest + ITC blockage
- Interest is mandatory (cannot be waived)
- Continuous defaults may lead to Goods and Services Tax cancellation
Use this must-follow GST compliance checklist.
GSTR-1 – Outward Supplies
- Purpose: Reporting sales
- Due Dates: Monthly: 11th of next month and for QRMP: 13th of the month following the quarter
- Late Fee: INR 50/day (INR 25 CGST + INR 25 SGST) and INR 20/day for Nil return subject to Maximum: INR 5,000
- Impact of Delay: Buyer’s ITC blocked and Poor compliance rating for Goods and Services Tax taxpayer
GSTR-3B – Summary Return & Tax Payment
- Purpose: Tax payment + summary return
- Due Dates: Monthly: 20th of next month and in case of QRMP: 22nd / 24th (state-wise)
- Late Fee: INR 50/day and INR 20/day for Nil return subject to Maximum: INR 5,000
- Interest: 18% p.a. on delayed tax
- Impact: Interest cost and Notices & recovery proceedings to Goods and Services Tax taxpayer
PMT-06 – Monthly Tax Challan (QRMP)
- Purpose: Monthly tax deposit
- Due Date: 25th of next month
- Interest: 18% p.a. if delayed
CMP-08 – Composition Scheme Statement
- Purpose: Quarterly tax payment
- Due Date: 18th of month after quarter
- Late Fee: INR 200/day subject to Maximum: INR 5,000
- Interest: 18% p.a.
GSTR-4 – Annual Return (Composition Dealers)
- Purpose: Annual return
- Due Date: 30th April following FY
- Late Fee: INR 200/day subject to Maximum: INR 5,000
GSTR-9 – Annual GST Return
- Purpose: Complete annual Goods and Services Tax summary
- Due Date: 31st December following FY (subject to extensions)
- Late Fee: INR 200/day subject to Maximum: 0.25% of turnover
- Impact: Department scrutiny and Possible Goods and Services Tax notices to Goods and Services Tax taxpayer
GSTR-9C – Reconciliation Statement
- Purpose: Reconciliation of books vs GST returns
- Due Date: Same as GSTR-9
- Applicability: Above prescribed turnover limit
- Penalty Exposure: Up to INR 2 lakh in case of non-compliance
GSTR-7 – TDS Return
- Filed By: Government & notified deductors
Due Date: 10th of next month - Late Fee: INR 200/day subject to Maximum: INR 5,000
- Interest: 18% p.a.
GSTR-8 – TCS Return (E-Commerce)
- Filed By: E-commerce operators
- Due Date: 10th of next month
- Late Fee: INR 200/day subject to Maximum: INR 5,000
GSTR-10 – Final Return
- Purpose: After Goods and Services Tax registration cancellation
- Due Date: Within 3 months of cancellation
- Late Fee: INR 200/day subject to Maximum: INR 5,000
