Hello people,
I have only IGST liability and I have delayed in filling and payment of GSTR 3B
So the interest which i need to pay is IGST interest? or CGST SGST interest? (shared b/w central and state).
Thankyou
Hello people,
I have only IGST liability and I have delayed in filling and payment of GSTR 3B
So the interest which i need to pay is IGST interest? or CGST SGST interest? (shared b/w central and state).
Thankyou
Interest is calculated solely on the IGST liability, not on CGST or SGST.Interest on delayed payment is calculated at 18% per annum.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
