The Late Fee Invoice is a crucial document in Indian business operations, used when payments against issued invoices remain unpaid beyond their due date. This document type is essential for businesses seeking to recover additional charges incurred due to delayed payments while maintaining compliance with Indian financial regulations. The document combines elements of a standard invoice with specific late fee calculations as permitted under Indian law, including applicable interest rates as per the Interest Act and GST implications. It serves multiple purposes: formally documenting the late fee claim, providing a basis for tax compliance, and creating an audit trail for potential legal proceedings. The Late Fee Invoice is particularly relevant in the current business environment where maintaining healthy cash flows and managing payment delays has become increasingly important.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Invoice Header: Company details, GST number, invoice number, and date of issue
2. Client Information: Complete details of the client including name, address, GST number, and contact information
3. Original Invoice Reference: Details of the original unpaid invoice including invoice number, date, and amount
4. Late Fee Calculation: Breakdown of the late fee calculation including the number of days delayed, interest rate applied, and calculation method
5. Amount Details: Itemized list showing original amount, late fee charges, and applicable taxes
6. Payment Terms: Due date for the late fee payment and acceptable payment methods
7. Total Amount Due: Clear statement of the total amount including original invoice amount, late fees, and taxes
8. Bank Details: Company's bank account information for payment transfer
1. Payment History: To be included when there have been partial payments or previous late fee notices
2. Interest Rate Justification: Include when using specific contractual interest rates that differ from standard rates
3. Legal Notice: Add when the invoice serves as a final notice before legal action
4. Waiver Terms: Include when offering any conditional waiver of portion of late fees
5. Settlement Options: Add when providing installment or settlement options for the outstanding amount
1. Schedule A - Late Fee Calculation Details: Detailed breakdown of how the late fee was calculated, including daily interest calculations if applicable
2. Schedule B - Payment History: Chronological list of all previous payments and attempts to collect
3. Appendix 1 - Original Invoice Copy: Copy of the original unpaid invoice(s)
4. Appendix 2 - Previous Communications: Copies of previous payment reminders and communications regarding the outstanding amount
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Information Technology
Professional Services
Construction
Healthcare
Education
Real Estate
Logistics
Consulting
Financial Services
Wholesale Trade
Telecommunications
Relevant Teams
Finance
Accounts
Legal
Treasury
Credit Control
Revenue
Tax
Client Relations
Business Development
Compliance
Relevant Roles
Accounts Receivable Manager
Credit Controller
Finance Manager
Accounts Manager
Billing Coordinator
Financial Controller
Treasury Manager
Credit Collection Specialist
Chief Financial Officer
Accounting Supervisor
Revenue Manager
Accounts Executive
Business Development Manager
Legal Counsel
Company Secretary
Find the exact document you need
Minimalist Invoice
A concise, GST-compliant invoice template for Indian businesses that captures essential transaction details while maintaining simplicity.
Download
Letter For Payment Reminder
A formal document used in Indian business practice to request payment of overdue amounts, serving as an official payment reminder and potential legal evidence.
Download
Letter For Outstanding Payment
A formal payment demand document used in Indian jurisdiction to request settlement of outstanding payments, serving as both a payment reminder and potential legal evidence.
Download
Letter For Bill Submission
A formal letter used in India for submitting invoices or bills to clients, complying with Indian commercial and tax laws.
Download
Invoice For Sole Proprietor
An Indian law-compliant invoice template for sole proprietors, incorporating GST and other regulatory requirements specific to Indian business transactions.
Download
Invoice For Personal Services
An Indian-compliant invoice document for personal services, incorporating GST and TDS requirements, service details, and payment terms.
Download
Labour Invoice
An Indian-compliant billing document for labor services that includes work details, rates, taxes, and statutory requirements under Indian labor and tax laws.
Download
Internet Invoice
A digital billing document compliant with Indian GST and e-commerce laws, used for online business transactions and digital commerce in India.
Download
Gst Bill
A tax invoice document compliant with Indian GST regulations, serving as evidence of supply and enabling input tax credit claims.
Download
General Invoice
A legally compliant commercial document issued in India that records sales transactions and includes mandatory GST and tax-related information.
Download
Export Commercial Invoice
A legally required commercial document for Indian export transactions that details product specifications, pricing, and shipping arrangements for customs clearance and international trade compliance.
Download
Electronic Invoicing Notification Letter
An official letter notifying business partners about e-invoicing implementation and compliance requirements under Indian GST laws.
Download
Cover Letter For Invoice Submission
A formal business document used in India to accompany invoice submissions, providing essential context and payment details while ensuring compliance with local business documentation requirements.
Download
Commercial Invoice Form
A standardized commercial invoice document compliant with Indian GST laws and trade regulations, used to record sales transactions and facilitate tax compliance.
Download
Bill Ledger
A structured financial record-keeping document compliant with Indian accounting standards and regulations, documenting all business transactions chronologically.
Download
Auto Repair Invoice
A legally compliant Indian auto repair invoice documenting vehicle services, parts, labor costs, and applicable GST, serving as both service record and payment evidence.
Download
Work Receipt
An Indian legal document acknowledging work completion and payment receipt, compliant with local contract and tax laws.
Download
Web Design Invoice
An Indian-compliant invoice document for billing web design services, including GST requirements and service details.
Download
Vehicle Invoice
A legal document used in India for vehicle sales transactions, complying with motor vehicle laws and GST requirements, documenting ownership transfer and payment details.
Download
Small Engine Repair Invoice
An Indian-compliant invoice document for small engine repair services, detailing repairs, parts, labor, and costs while meeting GST and consumer protection requirements.
Download
Shop Receipt
A legally compliant Indian retail transaction document providing proof of purchase and tax information under Indian consumer protection and GST regulations.
Download
Shipping Receipt
An Indian-jurisdiction shipping receipt documenting carrier's acceptance of goods for transportation, serving as proof of possession transfer and contract of carriage.
Download
Simple Payment Receipt
An Indian law-compliant document acknowledging receipt of payment, containing transaction details and serving as official payment evidence.
Download
Simple Rent Receipt
An Indian legal document acknowledging rent payment from tenant to landlord, used for tax purposes and HRA claims.
Download
Services Quotation
A formal business document used in India that outlines proposed services, costs, and delivery terms, complying with Indian commercial and tax regulations.
Download
Sales Invoice Receipt
An Indian tax-compliant document that serves as both an invoice and receipt for sales transactions, meeting GST requirements.
Download
Sales Invoice
A legally compliant Indian sales invoice documenting the sale of goods or services, including GST requirements and payment details.
Download
Sales Tax Invoice
A mandatory tax document under Indian GST law that records the details of a taxable supply of goods or services, including transaction particulars and applicable taxes.
Download
Sales Receipt Form
A standardized Indian sales receipt document that records transaction details and tax information in compliance with GST regulations and consumer protection laws.
Download
Receipt Book
A standardized Indian financial document for recording and acknowledging payments, compliant with local tax and financial regulations.
Download
Plumbing Invoice
An Indian-compliant billing document for plumbing services, including itemized charges, GST calculations, and service details as per Indian tax regulations.
Download
Cover Letter For Payment Of Invoice
A formal Indian business document accompanying invoice payments that details transaction information and serves as official payment notification.
Download
Cover Letter For Bill Submission
A formal document used in India to accompany and introduce invoices or bills being submitted for payment, ensuring compliance with Indian commercial laws and GST regulations.
Download
Cover Letter For Billing Statement
A formal Indian business document that accompanies billing statements, summarizing charges and payment terms while ensuring compliance with local financial regulations.
Download
Professional Services Invoice
An Indian-compliant billing document for professional services, including GST and tax requirements, used to charge for professional fees and services rendered.
Download
Quotation Doc
A formal commercial document under Indian law that details pricing and terms for goods or services, compliant with Indian commercial and tax regulations.
Download
One Off Invoice
A legally compliant Indian invoice document for one-time transactions, incorporating GST requirements and standard commercial terms.
Download
Invoice (Consultancy)
An Indian-compliant consultancy invoice document incorporating GST and TDS requirements, structured to meet all regulatory standards for professional service billing.
Download
Billing Statement
A standardized financial document compliant with Indian GST laws that details transactions, charges, and payment requirements between a service provider and customer.
Download
Grant Invoice
An Indian-compliant financial document for grant fund disbursement, incorporating necessary regulatory requirements and tax implications under Indian law.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)