if form gstr3b not filed in due date.
then what is rate of interest and calculated on days wise or monthwise. and what is panelty per days act wise.
Pl. advice
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gst interest and panelty
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As such interest is to be levied @ 18%for non payment of tax , however in case of non filling of gstr 3B no interest is to be levied if payment is made on due date. Penalty per day Rs. 100/- is to be levied if gstr 3B is not filled on due date..Refer section 51(1) of CGST ACT, 2017 it is clearly stated in tgat sub section that interest shall be leviable @ 18% for non payment of tax and not for non filling of GSTR 3B
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