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Interest after 3B due dates.
What is Interest rate and penalty for 3B after due Date?
Replies (6)
100rs per day
However, there is no penalty for 1st return under GST. Also, there shall be interest levied @ 18per annum on GST Liability not paid on/before due date.
it means Nil return and ITC do not have liability to pay Interest and penalty I m right?
Penalty not levied for the month of july and August and there is no interest if nil return
thanks for your support...
Its my pleasure
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