Interest applicability

whether interest is payable from the date of credit in cash ledger or on the date of set off in 3b
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Quick Summary
This discussion clarifies the applicability of interest payments concerning GST 3B filings. It addresses whether interest is payable from the date funds are credited to the cash ledger or from the date of set-off. The consensus is that interest is payable on a net cash basis from the due date of filing the 3B until the actual filing date.

Interest is payable on net cash basis from the due date of filing of 3B till the date of actual filing.

Till date of set off

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