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interest on late payment of gst
at what rate interest on late payment of gst will be calculated if output gst is paid after 18 months from the due date.
Replies (2)
Interest @ 18% pa for the period of delay in payment. This is over and above late fee to be charged. Maximum late fee that can be charged per return is Rs. 5000.
Interest on late payment of GST will be 18%.
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