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3B INTEREST AND LATE FEE CALCULATION

259 views 2 replies
dear sir,

Iam gonna file a return with P.Y. tURNOVER above 5 cores, from MARCH 2020


IF MY NET OUTPUT TAX IS 2000, IF I FILE BY 3RD JULY WHAT WILL BE THE LATE FEE AND INTEREST CALCULATION
IF I FILE ON 6 TH JULY WILL THE LATE FEE THE SAME?


ALSO FOR APRIL ITS NIL RETURN... IS LATE FEE APPLICABLE.. INTEREST WILL BE NIL AS NO OUTPUT ... CORRECT ME IF IAM WRONG.
Replies (2)
Late fee and interest @ 18% applicable
April GSTR 3B late fee applicable and no interest
Late fee how much ? and interest to be calculated from 24 th June to filing date @ 18% . right sir?


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