Interest payable from Nov 2020.
Interest payable under section 50(3).. Reversal to be made as per section 73
Financial years 2020-21 and 2021-22 and now 2022-23
Interest only payable on CGST and SGST.
No interest on cess.
Period to be selected will be the one in which non compliance occurred
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
