Sir/Madam , from what date interest under section 50(1) of Cgst act @ 18% will be calculated?
Whether from the original due date of 3B for that month
or
Whether from extended due date, as in few cases CBIC has extended the due date.
Eg: During 2017-18, Cbic has extended the due date to 23rd or 25th of the next month to file 3B.
Kindly assist.
Thanks in advance.
Menu
Interest calculation U/s 50 og Cgst Act
Replies (5)
If due dates have been extended, the interest will be calculated from the extended due date till the date of actual filing.
If due dates have been extended, the interest will be calculated from the extended due date till the date of actual filing.
Calculate the period of delay from the date extended for the particular month. Because that becomes the due date automatically for future references.
Yes... I agreed to Mr CS Abhishek Goyal's view...
@ Mr Phanendra.,
You can use the extended due date for the Interest and Late fee calculations...
Note :
The GSTR 3B Due date of FY 17-18 is 31st Mar-19...
Please check out the date...
@ Mr Phanendra.,
You can use the extended due date for the Interest and Late fee calculations...
Note :
The GSTR 3B Due date of FY 17-18 is 31st Mar-19...
Please check out the date...
The interest will be calculated from the extended due date
Recent Topic
- Reabte 87A new regeim for FY 2025-26 (AY2026-27)
- OTP ENTERED BUT NOT PROCESS THE RETURN
- Form 16 Includes Salary Recovered Towards Notice P
- Altera INTC
- Itr schema a.y 26-27 v/s form no.16
- Advance Tax for senior citizen with small speculat
- Zero income tax on Capital Gain on sale of house p
- Rental income calculation for 12months
- PF Withdrawal before completing 5 years
- Discrepancy in "Processed By Source" and
Related Topics
CAclubindia
