Interest calculation under GST


harsh (ipcc)     19 April 2019

harsh
ipcc 
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How to calculate interest in GST on late filing of return

Lisha Bansal (CA Finalist)     19 April 2019

Lisha Bansal
CA Finalist 
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Interest is calculated day wise.

Interest = Payable Amount * 18% / 365 * No of days 

Note: The rate is 18% p.a

 

harsh (ipcc)     19 April 2019

harsh
ipcc 
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what will be payable amount


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