We had paid the short GST on sales. The GST department issued the notice than we paid the short gst as per notice.
The department is asked the penalty & ineterst.
Please advice how to wave off the penalty & interest.
Regards,
Anuj Kumar Goel
We had paid the short GST on sales. The GST department issued the notice than we paid the short gst as per notice.
The department is asked the penalty & ineterst.
Please advice how to wave off the penalty & interest.
Regards,
Anuj Kumar Goel
Mandatory and generally cannot be waived. Under Section 50 of the CGST Act, interest is compensatory in nature, not penal. It is charged to compensate the government for the delay in the receipt of tax.
Karia Overseas
Ahmedabad
CA
View Details
CAclubindia
