Late Fees
Automatic late fees are charged per day of delay, subject to maximum limits.
Interest Liability
Interest is payable on delayed tax payment, increasing your tax cost.
Blocking of ITC
You may lose or delay Input Tax Credit, affecting cash flow.
E-Way Bill Restriction
Generation of e-way bills can be blocked for non-filers.
GST Registration Suspension
Continuous non-filing can lead to auto-suspension of GSTIN.
GST Cancellation
Failure to file returns for a long period may result in cancellation of registration.
Bank Account Attachment
In serious default cases, the department can freeze bank accounts.
Notices & Penalties
GST notices, penalties, and recovery proceedings may be initiated.
Loss of Business Credibility
Customers may stop claiming ITC on your invoices, impacting trust.
Compliance Burden Later
Clearing backlogs later becomes costly and time-consuming.
