GST Payment and Late Payment Penalty Due Dates | CA Portal

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GST Payment and Late Payment Penalty Due Dates

GST Payment Due Dates

Goods and Services Tax which has subsumed all the other applicable indirect taxes levy on goods and services. With the implementation from 1st of July 2017, it formulated the biggest ever reform in Indian tax structure. The filing under GST regime is very important for each and every registered business and taxpayer. As the system is shifted towards online filing, the rules are quite strict and required to be filed the GST returns on time.

As per the GST Penalty regulations, it attracts 18 percent per annum interest rate for taxpayers fail to furnish returns and the interest will depend upon the days after passing due date.

Both General & Composition Scheme Taxpayers GST Payment Due Dates

Type of TaxpayerGST Payment Due Dates
General20th Day of the Next Month
Composition18th Day of the Next Month of Quarter
Note: For subsequent months, i.e. October 2017 onwards, the amount of late fee payable by a taxpayer whose tax liability for that month was ‘NIL’ will be Rs. 20/- per day (Rs. 10/- per day each under CGST & SGST Acts) instead of Rs. 200/- per day (Rs. 100/- per day each under CGST & SGST Acts).
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