GSt penalty killed me and my business since its inception
Very sorry to take note and the answer to your question is unfortunately "No".
Understanding Business Implication and Tax Management @ VidyaSunil & Associates we duly take care of "Tax Complaince" and we can assure you our best of attention along with services apart advise from our expert team.
Going forward, All we can suggest is to file your GSTR on time, every time to avoid and minimise penalties. Before we end, we would prefer to say that, We are happy to serve the Clientele at an very accomadative price.
Should you need and clarifications, please call us instead of spamming the group messages.
You can connect us :
VidyaSunil & Associates
Cell No. 9739834819 / 9480633382
Web : www.vidyasunilassociates.com more
Here first you enter all monthly forms , now at end we again say what we entered in all the months. Why? more
Penalty for Other Cases (no intention of fraud or tax evasion)
An offender not paying tax or making short-payments has to pay a penalty of 10% of the tax amount due, subject to a minimum of Rs.10,000.
Therefore, the penalty will be high at 100% of the tax amount when the offender has evaded i.e., where there is a deliberate fraud.
For other non-fraud cases, the penalty is 10% of tax.
Any offence under GST for which penalty is not specifically mentioned will be liable to a penalty extending Rs. 25,000. more