Yes, there is late fee for Form GSTR 1. Late Fees for not filing GSTR-1 is Rs. 200 / day (Rs. 100 as per CGST Act and Rs. 100 as per SGST Act). The late fees will be charged from the date after the due date. As per the Latest Update: The late fees have been reduced to Rs. 50 per day and Rs 20 per day in case of nil return.