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Interest on GST late payment

This query is : Resolved 

23 January 2024 Mr.A has uploaded invoice of April - 2023 in GSTR 1 of Sept - 23 and make payment in GSTR 3B of Sept - 23 .

Whether Mr.A is laible to payment interest on such payment or not ? Please specify notification.

23 January 2024 Yes, Interest is payable for the missed liability of GST (April moths invoice uploaded in sep)

23 January 2024 https://taxguru.in/goods-and-service-tax/interest-delayed-payment-tax-section-50-gst-act-analysis.html#:~:text=As%20per%20section%2050(1,50%20is%20automatic%20and%20mandatory.

24 January 2024 yes under section 50(3) as this is the case of missing invoice uploaded later and tax paid later.


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