Like any other mechanism which is so huge, mammoth and hugely technological - complexities, intricacies and errors are bound to happen.
Similar in nature, is the recent fuzziness around GSTR-3B filing and the fines reflecting at the GST portal.
The due date for GSTR-3B is 20th of each month for the preceding month.
The system fetches data from GSTR-3B on the submission data and the data gets locked. No amendments of any sort can now be made until any notification is made by Government.
The late fees applies in the following cases:
The GST provisions suggest that ‘returns submitted and filed after due date are exposed to a late filing fee, which is computed from the due date of return filing to the actual date of filing.
However, there is still some muddle around on the returns submitted before the due date but filed after the due date.