CA Final/Inter Fast track classes available for May 20 attempt. Call: 1800-3000-0505

Interest on RCM


Sameer Khan   29 November 2019

Sameer Khan

 14 likes  114 points

| My Other Post

i have paid GST after due date. that case can i liable to pay inrerest on RCM.

plz clarify.

avater

RAJA P M ("Do the Right Thing...!!!")     29 November 2019

RAJA P M
"Do the Right Thing...!!!" 
 8105 likes  110956 points

View Profile | My Other Post

Yes... Interest is applicable and payable for the liability of rcm if it's not paid on or before due date...

1 Like
avater

Raksha (Student CA Final )     02 December 2019

Raksha
Student CA Final  
 40 likes  397 points

View Profile | My Other Post

As per section 50 you are liable to pay interest @ 18% per annum on delayed payment of GST which includes RCM!


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »