Notification No. 04/2018 – Central Tax Explained

Want to File ITR, GST Returns & Pvt. Ltd. Registration

Notification No. 04/2018 – Central Tax: Reduction of late fee in case of delayed filing of FORM GSTR-1

GST: [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable by any registered person for failure to furnish the details of outward supplies for any month/quarter in FORM GSTR-1 by the due date under section 47 of the said Act, which is in excess of an amount of twenty-five rupees for every day during which such failure continues:

Provided that where there are no outward supplies in any month/quarter, the amount of late fee payable by such registered person for failure to furnish the said details by the due date under section 47 of the said Act shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.

(Dr. Sree Parvathy S.L.)
Under Secretary to the
Government of India

📚 Frequently Asked Questions (FAQs): Notification No. 04/2018 – Central Tax

Q1: What is Notification No. 04/2018 – Central Tax?

Answer:
It is a GST notification that reduced the late fee for delayed filing of GSTR-1 to ₹25 per day and ₹10 per day for nil returns. 04

Q2: Who needs to file GSTR-1?

Answer:
All registered taxpayers who make outward supplies must file GSTR-1, except:
Composition taxpayers
ISDs
Non-resident taxable persons
OIDAR service providers

Q3: Under which section was this notification issued?

Answer:
It was issued under Section 128 of the CGST Act, which allows the government to waive or reduce late fees. 04

Q4: What is the late fee after this notification?

Answer:
₹25 per day for normal returns
₹10 per day for nil returns 04

Q5: What is the connection between Section 47 and this notification?

Answer:
Section 47 imposes late fees for delayed returns.
Notification 04/2018 reduced the late fee using powers under Section 128.

Q6: Is GSTR-1 required for nil turnover?

Answer:
Yes.
A nil GSTR-1 must be filed even if there are no outward supplies.

Q7: What is the due date for GSTR-1?

Answer:
Generally:
Monthly filers: 11th of the following month
Quarterly filers (QRMP): 13th of the month following the quarter
Dates may change via notifications.

Q8: Can GSTR-1 be revised after filing?

Answer:
No.
Corrections must be made in subsequent returns.

Q9: What happens if GSTR-1 is not filed?

Answer:
Consequences may include:
Late fees
ITC blockage for recipients
Notices from GST department

Q10: Does this notification apply to GSTR-3B?

Answer:
No.
It applies only to GSTR-1.

Q11: Is this late fee reduction still applicable today?

Answer:
No.
It was a relief measure for the early GST period and applied as per the notification.

Q12: What is the difference between GSTR-1 and GSTR-3B?

Answer:
GSTR-1: Detailed outward supply return
GSTR-3B: Summary tax payment return

Q13: How can businesses avoid late fees?

Answer:
They should:
Maintain invoice records
Reconcile returns
File before due dates
Get expert help with:
https://finodha.in/gst-compliance/

Q14: What type of transactions are reported in GSTR-1?

Answer:
Transactions such as:
B2B sales
B2C sales
Exports
Credit and debit notes

Q15: Where can businesses get professional help for GST filings?

Answer:
You can get expert support from Finodha for:
GST Registration: https://finodha.in/online-gst-registration/
GST Return Filing: https://finodha.in/gst-return-filing/
GST Compliance: https://finodha.in/gst-compliance/

Claim your TDS Refund before it EXPIRE in

ITR Filing Starts Only

GST Return Filing Starts Only