A registered supplier who submit return beyond the due date is accountable to pay charges as a late fee of Rs 100/- for each day of delay, concern to maximum Rs 5000/. For failure to furnish annual returns by due date, late fee of Rs 100/- for every day for the duration of which such failure continues concern to maximum of an amount calculated at a quarter percentage ie; 0.25% of his state turnover, will be leviedp>
Yes. It is compulsory to register under GST even all outward supplies are export services or zero rated. Only registered supplier will be eligible to claim refunds .