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Penalty for late payment of tax

Others 449 views 10 replies

what penalty should I pay for late payment of tax, i shall pay tax and file august GSTR-3b today, I.e. 1 day delay in payment and filing return.please suggest.

Replies (10)
200/day sgst 100..cgst 100
thanks Mr. Vishnu M. and for late filing of return?
 have deposited penalty @ 100 per day in cgst & sgst, but still the system is not accepting the return. it shows interest on late pmt to be paid
200/day penalty is for filling late return. For late tax payment there will be interest. Ask your CA regarding interest amount on your tax amount...

pay interest on late payment @ 18% p.a. (calculate day wise)

example - 10000/- gst paid after 2 days late

interest = 10000*18/100/365*2 = 17.75 rs.

pay interest on late payment @ 18% p.a. (calculate day wise)

example - 10000/- gst paid after 2 days late

interest = 10000*18/100/365*2 = 17.75 rs.

pay interest on late payment @ 18% p.a. (calculate day wise)

example - 10000/- gst paid after 2 days late

interest = 10000*18/100/365*2 = 17.75 rs.

but I had deposited tax on 18/09/17 , only the offset was pending due to Gst site problems
Thanks Mr Rocky

for late [ayment of tax interest @ 18% p.a

and for late filling 100 per day per head i.e cgst sgst means 200 per day 


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