banner_ad

Interest on delayed payment of gst


24 October 2017 Hello,

Can anyone confirm me whether Interest on delayed payment of GST is to be paid or not to pay yet?
Any rate of interest is declared by official announcement or Notification by Govt. ?

Late fees/Penalty Rs. 200/- is a different thing. GST Helpdesk advises not to pay interest but I doubt it so if anyone has paid or aware about it, kindly share your opinion.


24 October 2017 Interest on late Deposit @ 18% calculated from Due Date of payment to Actual Date of Payment. If GST not deposited with due date i.e., 20th of Next month then Interest has to be paid.


24 October 2017 Yeah. But can you tell me where this rates are announced or notified? Any notification for the same? Actually GST helpdesk told no need to pay interest because rates are yet to finalise


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details