18 January 2021
While finalising FY 2019-20, i realised that my company didn't upload a Sales Bill in the month of Feb 2020. However we have uploaded the same in GSTR1 for Jan 2021. Total GST payable on the same was 90000/- (cgst/sgst) Can you let me know the interest amount on the same? PS. Feb 2020 GSTR1 & 3B were filed before the due date.
19 January 2021
Pl see the link for calculation of interest https://taxguru.in/goods-and-service-tax/gst-interest-rate-tax-periods-february-2020-july-2020.html
CAclubindia
