Menu
Interest Liability
when client has paid challan timely before due date and GSTR 3b return is filed after due date, my question is that there is any interest liablity for late filling of GSTR 3B?
Replies (6)
Yes there will be interest if the return is filed after the due date even though the payment is made to cash ledger. This is because in GST untill we offset the liability it would not be considered as payment of tax.
Agree with CA Rashmi ji.
Yes interest for belated adjustment and penalty
Thanks everyone
You are most welcome
Recent Topic
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
Related Topics
CAclubindia
