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Gst late fee interest

prince (Accounts consultant) (34 Points)

22 August 2019

Dear sir,

how to pay late fee interest in GST portal?

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7 Replies

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 22 August 2019

Late fee interest or tax liability interest ???

RAJA P M ("Do the Right Thing...!!!") (127162 Points)
Replied 22 August 2019

Through payment Challan. Check out the column of Interest & (Late Fee) as Fee.
Calculate interest Yourself. Late Fee calculated in system

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kma ibrahim (73 Points)
Replied 22 August 2019

for Interest and tax payment u can create chellan in the service menu in the GST portal, for late fee payment, once it's crossed filing date late payment chellan automatically will generate in gstr9

Shivam RC (Student) (23683 Points)
Replied 22 August 2019

Create Challan and pay your Late Fees and Interest

Akshay Jain (Tax Consultant) (1024 Points)
Replied 22 August 2019

firstly calculate your interest then go to GSTR-3B
enable option 'do you have any interest or late fees'
then go to table interest and late fees
late fees will auto calculated if applicable
if there is intere then you have to tick the check box available their interest table will activated
then enter the calculated interest

on outward supply 18% interest
on excess ITC claimed 24% interest

prince (Accounts consultant) (34 Points)
Replied 24 August 2019

Thank u all

Shivam RC (Student) (23683 Points)
Replied 26 August 2019

The last date for furnishing of Annual Return in the FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement and Audit Report in FORM GSTR-9C for the financial year 2017-18 has been extended from 31st August, 2019 to 30th NOVEMBER 2019.

REMOVAL OF DIFFICULTY ORDER No. 07/2019-CT dtd. 26.08.2019; issued.