Menu
Interest rate
In case of short payment of GST, and later after 1 year the short payment is paid by using ITC only, in that case interest will be levied or not.. pls explain
Replies (10)
Late fee will levy of that period at the time of returning file
And please concern with someone also
And please concern with someone also
Late fee is upto retrun filing.
return is filed by due date
return is filed by due date
If return is filed by due date so how can it be possible that there will be shortage in tax payment as you cannot file 3B without paying tax
Actually amount is less paid in 3b.
remaining paid after 6 months
remaining paid after 6 months
You mean that you have shown sale less?....
Yes as per Section 50 , interest is applicable @ 18% p.a.
I agree with Pankaj Rawat
If tax is paid by using itc only, then also interst has to pay
Yes as per Section 50 , interest is applicable @ 18% p.a. and have paid in cash .
Interst has to pay @ 18%
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
