Dear Sir / Madam.,
I filed the GSTR 3B for the month of August with Payment correctly (Rs.100000)
Now we have another one payment ll payable for August month bill (Missing / no payment) Rs. 150000. I ll pay today...
Queries:
1. How to I calculate Interest for the month of August...?
2. Which amount calculate Interest Rs. 250000 or Rs. 150000 (balance)...?
Please give me reply. Its Urgent...
Thanks & Regards
Pay interest @ 18% Per annum on 150000 (Balance)
i.e. 1.5% per month on 150000 = 2250
| Originally posted by : S ELAVARASI | ||
 |
Dear Sir / Madam., I filed the GSTR 3B for the month of August with Payment correctly (Rs.100000) Now we have another one payment ll payable for August month bill (Missing / no payment) Rs. 150000. I ll pay today... Queries: 1. How to I calculate Interest for the month of August...? 2. Which amount calculate Interest Rs. 250000 or Rs. 150000 (balance)...? Please give me reply. Its Urgent... Thanks & Regards |
 |
1. 18% p.a... Total Liability (X) 18% (/) 365 (X) No.of days... ( 100000 * 18% / 365 * 31 Days (21-10-17) = 1529)
2. Rs. 100000
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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