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?
CAclubindia
