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GST interest query

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student
20 Points Posted on 04 July 2019
if i paid gst in cash ledger timely, forgot to file return, filed return after 1 month,do i need to pay interest on the gross liability
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On 04 July 2019 at 19:45 Report
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Practising chartered accountant
371 Points Posted on 04 July 2019
filling of cash ledger with money but not filing return..it doesn't mean your liability setoff...interest has to be calculated
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On 04 July 2019 at 21:25
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Chartered Accountant in Practice
1260 Points Posted on 04 July 2019
Yea, tax is said to be paid once GSTR 3B is filed.
9 Reply
On 04 July 2019 at 21:39
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"Do the Right Thing...!!!"
128147 Points Posted on 04 July 2019
Yes... I agreed to above said replies...

Interest will be payable on the Tax value...
463 Reply
On 04 July 2019 at 22:23
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student
20 Points Posted on 05 July 2019
Thanks for response
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On 05 July 2019 at 00:12
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118 Points Posted on 05 July 2019
https://play.google.com/store/apps/details?id=com.si.gstintrestrateandlatefees

this is a application where you can calculate interest payable on tax payment.
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On 05 July 2019 at 09:32
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Accountant
22 Points Posted on 05 July 2019

IS ANY PROVISION OF SHOWING B2C TO B2B INVOICE IN ANY EARLIER RETURN WHICH HAS ALREADY BEEN FILED?

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On 05 July 2019 at 18:18
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"Do the Right Thing...!!!"
128147 Points Posted on 05 July 2019
Ask Your query with more details Mr Mriganka Banerjee ...
463 Reply
On 05 July 2019 at 18:32
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118 Points Posted on 05 July 2019
yes can amend the b2b and b2c of previous returns in current unfiled return.

just make sure that if the amount from b2c is transferred to b2b then you have to alter the b2c as well.
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On 05 July 2019 at 18:37
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"Do the Right Thing...!!!"
128147 Points Posted on 05 July 2019
Note the word 👉 "IN ANY EARLIER RETURN"...
463 Reply
On 05 July 2019 at 18:43
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118 Points Posted on 05 July 2019
sorry my bad. can't be done because you have already filed the return. it can only be down before filing.
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On 05 July 2019 at 18:45
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CENTRAL TAX INSPECTOR
113 Points Posted on 10 July 2019
read section 39(7) with section 50 of cgst act,2017
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On 10 July 2019 at 01:42


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