Payment of IGST interest on GST

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If you've received an intimation for IGST interest due to delayed GST return filing, you'll need to pay it using DRC-03. This form requires statewise details, which can be tricky after input tax credit set-off. The key is to declare the Place of Supply as the state where you are registered, and you can allocate cash payments across different states as declared in your DRC-03.

SHYAM KRISHNAN K

SHYAM KRISHNAN K (Querist)
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26 September 2023 I have received an intimation from GST official regarding payment of interest due to delay in filing return, while pay the same through DRC-03, there i require to declare statewise details. how can i determine the state properly, becouse the tax due has arised after set off of inputs.

CA Shyam Agrawal

CA Shyam Agrawal (Expert)
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28 September 2023 TAX PAID IN CASH CAN BE CONSIDERED IN ANY ONE OR MORE STATE(S), AS DECLARED BY YOU IN DRC 03

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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16 January 2024 Place of supply (POS) should be 'the state/union territory' where you are registered, while paying against wrongly availed ITC/Interest etc under the head of 'IGST'.

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