Interest sec 50 cgst act

Hi sir / madam
this is Rajendra doubt is today we got some in email want to know this a notice or intimation please clarify
Madam,

 

              Sub:- GST – Non Payment of interest under Section 50 of CGST Act, 2017 – Reg.

************

 

On verification of the GSTR3B returns filed by you under GST, it has been observed that you have not paid the interest on delayed payment of GST (net cash tax liability) for the tax period from July 2017 to December 2019 amounting to Rs.  285000   /- . You are liable to pay interest @ 18% on the Net Cash Tax Payable for the delayed payment of GST, in terms of Section 50(1) of the Central Goods and Service Tax Act, 2017.  Hence you are required to pay the same immediately and details of payment viz., GST-FORM DRC-03 may please be sent to this office urgently.

 

        

Further, it is to be noted that in case you fail to pay the above interest amount within the prescribed time limit, recovery proceedings under Section 79 of The Central Goods and Service Tax Act, 2017 will be initiated against you.

 

 

                                                                                                     Yours faithfully,