In this section of the form the taxpayer has to provide GSTIN and in case if he does not have any GSTIN Provisional ID can be used.ī) Registered Person Legal Name and Trade Name Details furnished in GSTR-8 Formįorm GSTR-8 has 9 sections in total and they are: If a taxpayer has made an error while filing GSTR-8 of the month of June then such error can be rectified in the GSTR-8 of July month or any later month in which such error is identified. Howsoever, such errors can be rectified by him/her in the next month GSTR-8. The taxpayer filing GSTR-8 Form shall keep this in mind that it cannot be revised once filed. Note: No late fee is applicable on the IGST in case of delayed filing of GSTR-8. In addition to the late fee, 18% interest per annum is also levied on the taxpayer and the amount of such interest is calculated on the amount of the tax that is yet to be paid.įurther, the late fee and interest will be applicable from the next day of the due date of GSTR-8. However, the maximum amount of penalty that is applicable to the taxpayer is 5,000 INR.
In case if the GSTR-8 is not filed on time then there is a penalty of 200 INR per day that includes 100 INR CGST and 100 INR SGST/UTGST. Let us understand with an example, the GSTR-8 due date for the month of December will be on the 10th of January. The due-date of GSTR-8 is the 10th of the subsequent month. The benefits of this digital platform are that the customer can buy any product at a competitive price on a single click and the seller can list their product on it that will reach out to the worldwide customers. In a layman language, an e-commerce operator is a person who provides a digital platform using which the seller can reach out to the customer by registering on their platform.
0 kommentar(er)
