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Interest on tax paid in drc 03 via ITC

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Ca
51 Points Posted on 21 July 2023
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 ?
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On 21 July 2023 at 00:11 Report
Replies (3)
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GST Practitioner & Accounts
15083 Points Posted on 21 July 2023
In which month and year, you paid short tax in GSTR3B?.
24 Reply
On 21 July 2023 at 09:04
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GST Advocate
15220 Points Posted on 27 July 2023

Interest will not be applicable in case of tax paid through ITC always available in credit ledger. 

22 Reply
On 27 July 2023 at 12:51
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Ca
51 Points Posted on 27 July 2023
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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On 27 July 2023 at 13:08


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