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Interest on tax paid in drc 03 via ITC
whether interest is applicable if tax paid short in GSTR 3b( in GSTR 1 properly declared) later paid via drc 03 using eligible ITC for the said period ?
Replies (3)
In which month and year, you paid short tax in GSTR3B?.
Interest will not be applicable in case of tax paid through ITC always available in credit ledger.
Thank you for your reply but the proper officer is with a view that the interest applicable when we pay tax via DRC 03 irrespective of whether it is through cash or credit. may I request you to kindly provide any legal provisions supporting your contention.
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