Interest On delayed payment
Akshat Shah (13 Points)
14 March 2019
the interest payable on delayed payment is to be paid under which head ie under CGST, IGST, SGST ??
Akshat Shah (13 Points)
14 March 2019
Saurabh Gupta
(Chartered Accountant)
(60 Points)
Replied 14 March 2019
It has to be paid as per the tax liability. Suppose you have a tax liability of IGST, then interest has to be paid under IGST head otherwise in SGST & CGST head.
venkata krishna reddy
(chartered accountant)
(792 Points)
Replied 14 March 2019
| Originally posted by : Saurabh Gupta | ||
 |
It has to be paid as per the tax liability. Suppose you have a tax liability of IGST, then interest has to be paid under IGST head otherwise in SGST & CGST head. |  |
nice
CAclubindia
