GST Late Fee Calculator Tool

GST Penalty Calculator

Calculate Late Fees (u/s 47) and Interest (u/s 50)

Filing Details

Return Type Taxable Return NIL Return

Net Tax Liability (₹)

*Amount payable through Cash Ledger

Days Delayed

Interest Rate (% p.a.)

Late Fee (CGST)

₹0.00

Late Fee (SGST)

₹0.00

Interest on Tax (u/s 50)

₹0.00

Total Late Fee (u/s 47)

₹0.00

Total Payable Penalty

₹0.00

Calculation Basis

• Late Fee: ₹50/day (Taxable) or ₹20/day (NIL) split equally between CGST & SGST.
• Interest: Calculated at 18% p.a. on the net tax liability (portion paid via cash).

 

Key Logic & GST Rules

1. Late Fee (Section 47):

   • For NIL returns, the late fee is ₹20 per day (₹10 CGST + ₹10 SGST).

   • For Taxable returns, the late fee is ₹50 per day (₹25 CGST + ₹25 SGST).

   • This fee applies even if the tax liability is zero but the return is not "NIL" (e.g., having exempt supplies).

2. Interest (Section 50):

   • Interest is charged at 18% per annum (standard rate).

   • It is calculated only on the net tax liability, which refers to the amount paid through the electronic cash ledger after utilizing Input Tax Credit (ITC).

3. Maximum Cap:

• While the code uses a standard cap of ₹5,000, the government often reduces these caps for small taxpayers (e.g., those with AATO up to ₹1.5 Crore may have a cap of ₹2,000).