Yashita Industries Ltd. is a manufacturing company registered under GST in the state of Gujarat. Its aggregate annual turnover in the preceding financial year was ₹ 3.5 crore. The details relating to outward for the mont

CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · PYQS · June 2026
Yashita Industries Ltd. is a manufacturing company registered under GST in the state of Gujarat. Its aggregate annual turnover in the preceding financial year was ₹ 3.5 crore. The details relating to outward for the month of December, 2025 is as follows: S. No. Particulars Amount (₹) (i) Domestic outward supply of taxable product 'P' in the State of Maharashtra 54,00,000 (ii) Domestic turnover of other outward supply of services in the State of Gujarat of which tax is payable under reverse charge mechanism 6,00,000 (iii) Export of product 'P' under Letter of Undertaking (LUT) 12,00,000 (iv) Product 'P' supplied under a Letter of Undertaking (LUT) to M/s Rajlakshmi Pvt. Ltd., located in a Special Economic Zone (SEZ) in the state of Gujarat 8,00,000 (v) Sale of land (excluding stamp duty value of ₹ 2,84,000, being 2% of value considered for the purpose of stamp duty) Land was purchased in the month of November, 2023. 1,35,00,000 The following further details have been provided by Yashita Industries Ltd. regarding GST on Inputs, Input Services and Capital Goods for the month of December, 2025: Particulars IGST Amount (₹) Raw material purchased from a dealer registered in the State of Rajasthan used for manufacturing of product 'P' 3,84,000 Machine 'A' purchased on 11th December, 2025 for being exclusively Used for non-business purposes 14,400 Machine 'B' purchased on 1st December, 2025 for being exclusively used in manufacturing zero-rated supplies 57,600 Machine 'C' purchased on 5th December, 2025 for being used in manufacturing of product 'P' for both domestic and export supplies 64,000 IGST paid on Common Input Services are used for taxable supply as well as exempted supply made during the month of December, 2025 (Nothing has been used for any non-business purpose) 1,92,000 Additional information: (i) Yashita Industries Ltd. filed its GSTR-3B for the month of November, 2025 on 28th December, 2025. Assume the amount of tax payable for the month of November, 2025 was ₹ 2 lakh each CGST and SGST. (ii) Both inward and outward supplies given above are exclusive of taxes, wherever applicable. (iii) All inward and outward supplies are inter-state supplies except where specifically mentioned. Rate of CGST, SGST and IGST to be charged 9%, 9% and 18% respectively. (iv) Opening balance of input tax credit at the beginning of December, 2025 was ₹ 95,000 CGST, ₹ 1,32,000 SGST and ₹ 1,25,000 IGST. (v) Assume that all the conditions necessary for availing the input tax credit have been fulfilled except mentioned above. (vi) Useful life of all the machines should be considered as 5 years. (vii) Company is not covered under any of the exception provided in rule 86B of the CGST Rule, 2017 regarding restriction on use of available input tax credit. Based on the above case scenario and information, you are required to answer the following questions with reference to GST Law: Whether any late fee payable by Yashita Industries Ltd. for the delay in filing of GSTR-3B for the month of November, 2025 ? Explain the provisions relating to the late fee payable under section 47 of the CGST Act, 2017.

Answer & Explanation:

Provisions relating to Late Fee under GST (i) As per section 47 of the CGST Act, 2017 read with Notification No 19/2021 CT dated 01.06.2021, the registered persons whose aggregate turnover is ≤ ₹ 1.5 crores in the preceding FY, and who fails to furnish the returns required under section 39 by the due date shall pay a late fee of lower of - (a) ₹ 2,000 (₹ 1,000 each under CGST & SGST/UTGST) (b) ₹ 50 each day of delay (₹ 25 each under CGST & SGST/UTGST) (ii) As per section 47 of the CGST Act, 2017 read with Notification No 19/2021 CT dated 01.06.2021, the registered persons whose aggregate turnover is more than ₹ 1.5 crores but less than equal to ₹ 5 crores in the preceding FY, and who fails to furnish the returns required under section 39 by the due date shall pay a late fee of lower of- (a) ₹ 5,000 (₹ 2,500 each under CGST & SGST/UTGST) (b) ₹ 50 each day of delay (₹ 25 each under CGST & SGST/UTGST) (iii) As per section 47 of the CGST Act, 2017 read with Notification No 19/2021 CT dated 01.06.2021, any registered person whose total amount of tax payable in the GSTR-3B is Nil and who fails to furnish the returns required under section 39 by the due date shall pay a late fee of lower of - (a) ₹ 500 (₹ 250 each under CGST & SGST/UTGST) (b) ₹ 20 each day of delay (₹ 10 each under CGST & SGST/UTGST) In the given case due date of filing of GSTR-3B for November, 2025 is 20th December, 2025. The actual date of filing of GSTR-3B is 28th December, 2025, so delay days is 8 Days. So, Late fees is lower of: (a) ₹ 5,000 (₹ 2,500 each under CGST & SGST/UTGST); or (b) ₹ 50 x 8 days = ₹ 400 (₹ 200 each under CGST & SGST/UTGST) = ₹ 200 CGST and ₹ 200 SGST/UTGST For registered persons having turnover more than ₹ 5 crores in the preceding financial year, late fees will be lower of: a) ₹ 10,000 (₹ 5000 each under CGST & SGST/UTGST or b) ₹ 50 each day of delay (₹ 25 each under CGST & SGST/UTGST) for each day during which such failure continues Further section 47 of the CGST Act provides that: Any registered person who fails to furnish the details of outward or inward supplies required under section 37 or returns required under section 39 or section 45 or section 52 by the due date shall pay a late fee of two hundred rupees (₹ 100 under CGST & ₹ 100 under SGST/UTGST) for every day during which such failure continues subject to a maximum amount of ten thousand rupees (₹ 5,000 under CGST & ₹ 5,000 under SGST/UTGST). Any registered person who fails to furnish the return required under section 44 by the due date shall be liable to pay a late fee under CGST of one hundred rupees for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent of his turnover in the State or Union territory and similar amount under SGST/UTGST.

Topics: GST

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