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GST & Business

GST Penalty Calculator

Decision aid

Quick answer: The FinTax24 GST Penalty Calculator uses your case type (non-fraud / fraud / anti-evasion) + tax short-paid + voluntary-disclosure status + months of delay to estimate total GST penalty + interest exposure — citing Section 73 / 74 / 122 of the CGST Act + Section 50 (18% per annum interest).

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GST Penalty Calculator

Estimate GST penalty exposure — Section 73 (non-fraud) + Section 74 (fraud) + Section 122 (anti-evasion) + Section 47 late fee.

1 Enter Details

₹

The tax component short-paid or under-paid. Penalty is calculated on this base.

18% per annum interest under Section 50 applies from due date to actual payment.

2 Results

Results are ready but hidden

Click Calculate on the left to reveal the breakdown.

Disclaimer: Results are for indicative purposes only and may vary based on actual rates, rules, and policies. Please consult a FinTax24 expert for binding advice.

How to use this calculator

Follow these 5 steps for an accurate result.

  1. 1

    Pick case type

    Non-fraud (Section 73) / fraud (Section 74) / anti-evasion (Section 122). Most routine short-payments are Section 73.

  2. 2

    Enter tax short-paid

    The GST component short-paid or under-paid. Penalty is calculated on this base.

  3. 3

    Mark voluntary disclosure

    If disclosed before the SCN (show cause notice), penalty caps at 10% instead of 50% / 100%.

  4. 4

    Enter months of delay

    Months between due date and actual payment — drives 18% per annum interest under Section 50.

  5. 5

    Read verdict + total exposure

    See "Voluntary / Non-fraud default / Fraud / Anti-evasion" + penalty amount + interest + recommended action.

Key takeaways

  • Voluntary disclosure before notice: Section 73(5) caps penalty at 10% (vs 50% default for non-fraud).
  • Section 74 (fraud / wilful misstatement): penalty = 100% of tax short + prosecution risk under Section 132.
  • 18% per annum interest under Section 50 applies from due date to actual payment — compounds monthly.
  • Section 122 anti-evasion penalty = 10% of tax evaded or ₹10,000 whichever is higher.

Frequently asked questions

Quick answers to common questions about gst penalty calculator.

What is the difference between Section 73 and Section 74?

Section 73 applies to non-fraud cases (bona fide short-payment / wrong classification) — penalty 50% default / 10% voluntary. Section 74 applies to fraud + wilful misstatement — penalty 100%. Section 122 applies to specific anti-evasion acts (issuing invoice without supply, falsifying records) — separate penalty regime + prosecution mandatory under Section 132.

Can I settle a Section 74 case with 10% penalty?

Generally no — Section 74(11) only allows waiver / reduction if the officer is satisfied that the fraud was bona fide (mens rea absent). Most Section 74 cases result in 100% penalty + prosecution. Engage GST counsel — the standard defence is lack of wilful intent.

How long does the GST case take to close?

Section 73(10) — order must be issued within 5 years from the due date of the return or the actual filing date (whichever is later). Section 74(10) — extended to 5 years from the date of filing the annual return for the relevant FY. With proper reply + hearings, most cases close within 18-30 months.

Sources & authority: For regulations on gst penalty calculator, refer to gst.gov.in, mca.gov.in, incometax.gov.in, rbi.org.in, CGST Act Section 73 (non-fraud), CGST Act Section 74 (fraud), Section 50 (interest on delayed payment).

Last reviewed by: FinTax24 Indirect Tax Desk · Reviewed on:

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