Menu
GSTR 9 Liability
I have to pay the liability in GSTR 9. If I pay the liability through DRC 03, how can I calculate the interest and penalty or it will come automatically ?
Replies (3)
Interest should be computed manually at 18% from date when it was payable till the date of payment.
Penalty not required as it is voluntary payment
Penalty not required as it is voluntary payment
if u reverse ITC availed means 24% p.a
Yes. ITC reversal may attract 24%
Recent Topics :
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
Related Topics :
CAclubindia
