Saga of Interest Provision under GST - To be paid on the Net liability

CA Satish Kumar , Last updated: 18 September 2020  
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Understanding legal background: Section 50 of the CGST Act talks about when you should pay interest and what rate it should be paid. So section 50 said, interest has to be paid at 18% in cases where you delay paying tax to the government. That means if you cause a delay in filing your return, you en

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Published by

CA Satish Kumar
(CFO)
Category GST   Report

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