How to pay interest amt against notice us 50

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70 Points Posted on 26 February 2020
      Sub:  CGST – Interest u/s 50 of CGST Act, 2017 on account of the delay

                                 in payment of tax during the period from July, 2019 to

                                 December, 2019 – 
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On 26 February 2020 at 22:46 Report
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This discussion clarifies the correct procedure for paying interest under Section 50 of the CGST Act, 2017, due to delayed tax payments. It stresses that voluntary payments against a notice, or for subsequent months, must be made in cash via Form DRC-03. Submitting payment through GSTR-3B is highlighted as an improper method for settling such interest liabilities.

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GST Practitioner
55067 Points Posted on 26 February 2020
Pay in Cash Ledger
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On 26 February 2020 at 23:38
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6 Points Posted on 27 February 2020
Voluntary payment against notice or subsequent month gstr 3b
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On 27 February 2020 at 08:38
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GST Practitioner
55067 Points Posted on 27 February 2020

voluntary payment agt. notice under head interest

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On 27 February 2020 at 15:21
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Partner
1072 Points Posted on 28 February 2020

payment in cash  is mandatory. Proper way is to pay through DRC-3. Throgh GSTR-3B is not proper way for payment against notice. Proper way is to pay through DRC-3. Throgh GSTR-3B is not proper way for payment against notice. payment in cash is mandatory. Proper way is to pay through DRC-3. Throgh GSTR-3B is not proper way for payment against notice.  

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On 28 February 2020 at 18:54

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