CS Naveen Kumar

Rs. 100 Per Day Penalty For Late Filing Of Annual Returns & Financial Statements: 

MCA has notified, the Companies (Registration Offices and Fees) Second Amendment Rules 2018 on 7th May 2018.

MCA has notified these rules in pursuance of amendment made in Section 403 of Companies Act, 2013 through Companies (Amendment) Act, 2017.

Now, the late fee for filing Annual Return under Section 92 and Annual Financial Statement under Section 137 after due is Rs. 100 per day with effect from 01st July 2018.

MCA has given an opportunity to the stakeholders to complete their pending filing by implementing the late fee with a prospective date of 1st July 2018.

Now late fee for filing Annual Return under Section 92 and Annual Financial Statement under Section 137 after due date is as follows:

Due Date of Filing Forms Additional Fee
Expire after 30th June 2018 MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS Rs. 100 per day after expiry of due date

 

Expired on 30th June 2018 MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS Rs. 100 per day from 01st July 2018

 

Already Expired before 30th June 2018 23AC, 23ACA, 23AC XBRL, 23ACA XBRL, 20B, 21A under Companies Act, 1956  and

MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS under Companies Act, 2013

1.     As per the applicable slab for the period of delay up to 30th June 2018 and

2.    Rs. 100 per day from 01st July 2018

 Relevant Message appear on MCA Website

The Companies (Registration Offices and Fees) Second Amendment Rules 2018 has been notified on 7th May 2018. Accordingly, in case the due date of filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013 expires after 30/06/2018, the additional fee @Rs.100 per day shall become payable in respect of MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS.

In all other cases where the belated annual returns or balance sheet/financial statement which were due to be filed whether under the Companies Act,1956 (23AC,23ACA,23AC XBRL,23ACA XBRL,20B,21A) or the Companies Act, 2013 (MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS) additional fee as per the applicable slab for the period of delay up to 30th June 2018 plus @Rs.100 per day w.e.f 1st July 2018 shall become payable. Stakeholders are advised to take note and plan accordingly.

Check Relevant Notification dated 07th May 2018 at below link :-

Companies (Registration Offices and Fees) Second Amendment Rules, 2018

(The author can be reached at naveen33304@gmail.com)

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One response to “MCA notifies Additional fee of Rs.100 per day for delay in filing ROC Forms”

  1. abhinav kumar says:

    Dear sir/ maam additional fee of rs 100 PER DAY is also applicable for delayed filling of ADT1 after 30th june 2018.

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