Compliance Utility

GST Late Fee & Interest Calculator

Calculate statutory late fees under Section 47 and 18% p.a. interest under Section 50 for delayed GSTR-3B and GSTR-1 returns.

Filing & Tax Liability Details

Interest is charged only on net cash liability (Electronic Cash Ledger).

Penalty & Interest Assessment

Total Delay (Days): 20 Days
Late Fee (CGST): ₹ 500.00
Late Fee (SGST): ₹ 500.00
Total Late Fee u/s 47: ₹ 1,000.00
Interest @ 18% p.a. (Sec 50): ₹ 246.58
Total Penalty + Interest: ₹ 1,246.58

Statutory Rules for GST Late Fees & Interest

Section 47 Late Fee Slabs:

  • Nil Returns: ₹20 per day (₹10 CGST + ₹10 SGST), capped at ₹500.
  • Regular Returns (Taxable): ₹50 per day (₹25 CGST + ₹25 SGST).
  • Cap on Late Fee: Max ₹2,000 for turnover up to ₹1.5 Cr; max ₹5,000 for turnover ₹1.5 Cr–₹5 Cr.

Section 50 Interest Rate:

  • Interest is charged at 18% per annum from the day following the due date.
  • Calculated only on the Net Tax Paid through Cash Ledger (Section 50(1) amendment).
  • ITC balance utilized is exempt from interest levy.