Int and late fees for composite dealer
This query is : Resolved
Kollipara Sundaraiah
(Querist)
05 May 2021
Gst composite scheme dealer sales turnover Jan to march-21 rs:5 lacs tax rs:5000/- cmp-08 return and tax not filed.
Question:
1.late fees per day and which rate of interest paid.
2.dealer tax paid rs:5000 interest calculated procedure.
Question:
1.late fees per day and which rate of interest paid.
2.dealer tax paid rs:5000 interest calculated procedure.
Ganeshbabu K
(Expert)
06 May 2021
Reference: Notification Nos. 08/2021 and 09/2021,
1)Late fee waived, without interest up to 3rd May, 2021, with 9% reduced interest between 4th May to 18th May, 2021, and with 18% interest from 19th May, 2021 onwards.
2)Assuming you filing today interest will be = 5000*9%*3/365
1)Late fee waived, without interest up to 3rd May, 2021, with 9% reduced interest between 4th May to 18th May, 2021, and with 18% interest from 19th May, 2021 onwards.
2)Assuming you filing today interest will be = 5000*9%*3/365
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Employee secondment
- Reward for festival
- GSTR9 Annual Return
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Gift to nri relatives resides in usa
- Rectification under processing even after 6 months cpc portal
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation error
- RCM and same line
- TDS Return Statement Status
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
