Answer

1. F

   Facts

   Late fee is ₹50 a day (₹20 for nil returns), with a cap that depends on turnover. For most small businesses the cap is ₹2,000 per return.

2. P

   Provisions and law

   • Sec 47, CGST Act 2017Late fee for late returns
   • Notification 19/2021-CTGSTR-3B late fee capped at ₹500 for nil returns and ₹2,000, ₹5,000 or ₹10,000 by turnover slab
3. A

   Analysis

   Sec 47 sets the late fee and Notification 19/2021-CT caps it at ₹500 for nil returns and at ₹2,000, ₹5,000 or ₹10,000 by previous year turnover up to ₹1.5 crore, ₹1.5 to ₹5 crore and above ₹5 crore. Example: a ₹1 crore turnover trader filing 120 days late pays ₹2,000 for that month's GSTR-3B, not ₹6,000. Late fee is paid in cash only. Check the latest notification for any waiver.

4. C

   Conclusion

   1. 1Check last year's turnover to find your cap.
   2. 2Count days of delay for each return.
   3. 3Let the portal compute the late fee.
   4. 4Pay in cash and file.

Each pending return has its own late fee, so file the oldest first.

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