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What are the benefits of timely GST filing?

1. Avoiding Penalties and Late Fees No Late Filing Penalty: Filing GST returns on time helps you avoid late fees of: ₹20 per day (₹10 for CGST and ₹10 for SGST) for NIL returns. ₹50 per day for regular returns. No Interest: Prevents interest charges (18% per annum) on...