Suppose I have GST Liability of 1 Lakh and due date for 3b is 20.10.2021 I paid the my GST liability of R s. 1 Lakh on 20.10.2021 but i filed my 3b on 30.10.2021 do I need to pay the interest for 10days on my cash liability??
Vinay Jaindani (184 Points)
26 January 2022Suppose I have GST Liability of 1 Lakh and due date for 3b is 20.10.2021 I paid the my GST liability of R s. 1 Lakh on 20.10.2021 but i filed my 3b on 30.10.2021 do I need to pay the interest for 10days on my cash liability??
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 27 January 2022
If you offsetted the ledger then no interest otherwise interest will be levied.
Nidhi
(Chief Accountant)
(3150 Points)
Replied 28 January 2022
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