INTEREST RATE IN GST

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69 Points Posted on 29 November 2020
WHAT IS THE RATE OF PERCENTAGE FOR LATE DEPOSIT OF TAX IN GST i.e. IGST,CGST,SGST?
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On 29 November 2020 at 11:31 Report
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This discussion clarifies the interest rate applicable for late deposits of GST, including IGST, CGST, and SGST. The rate is confirmed to be 18% per annum, as stipulated under Section 50 of the CGST Act 2017.

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"Do the Right Thing...!!!"
128157 Points Posted on 29 November 2020
Interest rate @ 18% p.a.
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On 29 November 2020 at 12:48
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Student
23693 Points Posted on 29 November 2020
Yes it's 18% per annum U/s 50 of the CGST Act 2017...
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On 29 November 2020 at 12:50
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3924 Points Posted on 29 November 2020
Where are you Mr Raja P M Sir ?.After longtime .
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On 29 November 2020 at 18:35

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