sir.
I have filed gstr 1 and gstr 3b for the months of October 2020 to may 2021 on 3/11/2021 under amnesty scheme.
now I have to pay interest, please tell me how to calculate.
or is there any waver of interest during that period.
please guide me
thanking you
in advance
Interest on late return filing
Replies (2)
Quick Summary
interest is payable on net cash paid through cash ledger at the rate of 18% per annum calculated from due date till the date of actual payment.
18% interest till date of payment
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