GST Late Filing Interest
Rishab Jain (138 Points)
03 March 2020
Can we pay the Interest for Late filing of GSTR3B, by utilising Credit Ledger (in DRC-03).
Rishab Jain (138 Points)
03 March 2020
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13542 Points)
Replied 03 March 2020
You cannot pay interest out of credit ledger since in credit ledger there is no input credit of interest. and interest liability will be discharged only through interest column in DRC-03. but you can utilize additional cash if any lying in your cash ledger in interest column.
indrajit karfa
(Account Executive)
(30 Points)
Replied 05 March 2020
CAclubindia
