Intt on gstr3b and TDS

658 views 3 replies
Respected Sir, in the year 22-23 proper officer intimate us regarding diff between gstr3b and TDS for Rs more than 173000/-and in this regard I have filed an reply and accepted my liability.That now after more than one year later proper officer asked us to deposit the tax of difference with interest by calculating intt till date whereas more than one year old We are agreed to deposit the demand.Sir I want to know that when we are already interested to deposit the said demand can proper officer imposed the intt till date.Sir in this regard I also want to know regarding the sections.Thanks
Replies (3)
Quick Summary
This discussion addresses concerns about interest charges on discrepancies between GSTR-3B and TDS payments for the 2022-23 financial year. The user accepted a liability of over £173,000 but is questioning the imposition of interest for over a year after the initial notification. The response clarifies that interest on late GSTR-3B payments is typically 18% per annum, calculated from the day after the due date. It also suggests that once a liability is accepted, it's generally advisable to pay it promptly with interest to avoid further charges.

I'm assuming you want to know about the interest on late payment of GST (GSTR-3B) and TDS. Interest on Late Payment of GST (GSTR-3B): - Interest is applicable if GST payment is made after the due date - Interest rate: 18% per annum - Calculation: Interest is calculated on the tax liability, starting from the next day after the due date TDS (Tax Deducted at Source): - TDS is applicable on certain payments, like salaries, rent, and professional fees - Rate varies depending on the payment type and recipient status (resident, non-resident, etc.) - Deductor must deposit TDS with the government and issue a TDS certificate  !

I'm assuming you want to know about the interest on late payment of GST (GSTR-3B) and TDS. Interest on Late Payment of GST (GSTR-3B): - Interest is applicable if GST payment is made after the due date - Interest rate: 18% per annum - Calculation: Interest is calculated on the tax liability, starting from the next day after the due date TDS (Tax Deducted at Source): - TDS is applicable on certain payments, like salaries, rent, and professional fees - Rate varies depending on the payment type and recipient status (resident, non-resident, etc.) - Deductor must deposit TDS with the government and issue a TDS certificate  !

in this case you could have paid the liability with interest yourself once you accepted the liability. So now you can't take the stand that additional interest is not acceptable because of delay on the part of officer. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details