Tax challan in gst

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This query is : Resolved

Vikas (Querist)

14 October 2017 If we do generate the tax Challan in GST for NEFT then it reflects the validity of 15 days. At present, we are unable to make GST payment due to shortage of funds. My request is that please guide me any body that, if we will file our GSTR-3B on 19-10-2017 and generate the tax challan on same day. Then it (challan) will have 15 days validity for NEFT. Whether we will be penalized for paying tax beyond the date of 20-10-2017 for depositing the tax on 26-10-2017. Our tax liability is IGST only.

What would be consequences of non-payment of challan before the validity period?

Very urgent

RAJA P M

RAJA P M (Expert)

14 October 2017 https://www.simpletaxindia.net/2017/08/how-to-deposit-gst-modes-of-gst-payment.html

Udaya Chandran

Udaya Chandran (Expert)

14 October 2017 Yes. Payment to be made by 20th.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

14 October 2017 Only interest will be levied if tax not deposited till 20th of October...... For that submit your 3B & pay tax later on .........

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

31 October 2026 GSTR-3B cannot be filed until the declared liability is paid, so delay attracts both 18% interest on the net cash liability u/s 50(1) and late fee until filing; an unpaid PMT-06 challan simply lapses after 15 days and a fresh one is generated.

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