REDUCED ADDITIONAL FEES FOR FILING OF ANNUAL RETURNS OF LLP
The Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules, 2009, namely: –
(1) These rules may be called the Limited Liability Partnership (Amendment) Rules, 2022.
(2) They shall come into force with effect from the 01st April, 2022.
(3) All LLPs registered under Limited Liability Act, 2008 have to annually file two forms – Form 11 and Form 8.
Annual Return: Form 11 is to be submitted within 60 days of closure of the financial year i.e 30th May of each year. (Financial year closes on 31st March.)
Statement of Account and Solvency: Form 8 is to be submitted within 30 days from the expiry of six months from the closure of the financial year i.e 30th October of each year.
Before Amendment if any LLP does not file annual returns timely (on due dates) then additional fees of Rs. 100 per Day was applicable but after amendment following Table of additional fee shall be applicable for delay in filing of forms.
| S.NO. | PERIOD OF DELAYS | SMALL LLPS | OTHER THAN SMALL LLPS |
| 1 | Upto 15 Days | One time | One time |
| 2 | More than 15 days and upto 30 days | 2 times of normal filing fees | 4 times of normal filing fees |
| 3 | More than 30 days and upto 60 days | 4 times of normal filing fees | 8 times of normal filing fees |
| 4 | More than 60 days and upto 90 days | 6 times of normal filing fees | 12 times of normal filing fees |
| 5 | More than 90 days and upto 180 days | 10 times of normal filing fees | 20 times of normal filing fees |
| 6 | More than 180 days and upto 360 days | 15 times of normal filing fees | 30 times of normal filing fees |
| 7 | Beyond 360 days | 25 times of normal filing fees for forms other than form 8 and form 11. For form 8 and form 11, 15 times of normal filing fees plus 10 per day for every day delay beyond 360 days | 50 times of normal filing fees for forms other than form 8 and form 11. For form 8 and form 11, 30 times of normal filing fees plus 20 per day for every day delay beyond 360 days |
For e.g. if any LLP (whose contribution amount not exceed 1 lakhs )has not filed form-11 for F.Y. 2020-21 and wants to file on 22.04.2022 then LLP no needs to pay additional fees of Rs. 35600 (356100) . The additional fees will be applicable as per above table Rs. 750 (for small LLP , 15 times of normal fees (1550) and Rs. 1500 (other than small LLP 30 times of normal fees (30*50).
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