Hi, I have filed the Oct month return today and liability was. CGST - 47582.00
SGST - 47582.00
and we have an ITC of Rs.126870.00.In this case how to calculate interest on delayed payment.
Menu
Interest
Replies (8)
The ITC is which head...?
IGST .
The ITC is IGST then you can adjust the amount to your output liability then why ll pay Interest...
Ate you ask about GSTR 3B...?
If yes are you filed the return or not...?
yes sir, I adjusted and filed GSTR 3B for the month of October.But in November by default it's reflecting interest to be paid
I think it is late fee of Rs50 per day from day of submit till date of filing
Interest can't showing default in GSTR 3B return. You ll check it, it's late fee...
If it's late fee then pay it and also you can get it waived...
*After confirming pay it in challan under "FEE" head...
thanks
You are welcome.....
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
