Interest calculation under GST
Harsh Dwivedi (Service) (69 Points)
19 April 2019
How to calculate interest in GST on late filing of return
Harsh Dwivedi (Service) (69 Points)
19 April 2019
Lisha Bansal
(CA Finalist)
(2595 Points)
Replied 19 April 2019
Interest is calculated day wise.
Interest = Payable Amount * 18% / 365 * No of days
Note: The rate is 18% p.a
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