Answer

1. F

   Facts

   From FY 2022-23, under Notification 07/2023-CT, the late fee is ₹50 a day (turnover up to ₹5 crore) or ₹100 a day (₹5 to 20 crore), capped at 0.04 percent of turnover. Above ₹20 crore it is ₹200 a day, capped at 0.5 percent. These are CGST plus SGST together.

2. P

   Provisions and law

   • Notification 07/2023-CTFrom FY 2022-23, GSTR-9 late fee is ₹50 a day (turnover up to ₹5 crore) or ₹100 a day (₹5 to 20 crore), capped at 0.04 percent of turnover; ₹200 a day capped at 0.5 percent above ₹20 crore (CGST plus SGST).
   • Sec 47(2), CGST Act 2017Late fee for a late annual return is ₹100 per day under CGST, capped at a quarter percent of turnover in the State, as reduced by notification.
   • Circular 246/03/2025-GSTLate fee for an incomplete annual return runs from the due date till both GSTR-9 and GSTR-9C (where required) are filed; there is no separate fee for each.
3. A

   Analysis

   A ₹12 crore business 90 days late pays ₹9,000, since the cap of 0.04 percent of ₹12 crore is ₹48,000. A ₹30 crore business 90 days late pays ₹18,000. Check the latest notification, since rates have been changed before. Late fee is paid in cash and cannot be set off with ITC.

4. C

   Conclusion

   1. 1Find your aggregate turnover slab for the year.
   2. 2Count the days of delay.
   3. 3Multiply by the daily rate and apply the cap.
   4. 4Pay through the cash ledger with the return.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.