Rate of penal interest in GST

257 views
User Avatar

6 Points Posted on 24 September 2019
What is the rate of penal interest in case of delayed payment or non payment of GST.
0 Reply Share Follow
On 24 September 2019 at 18:25 Report
Replies (2)
User Avatar

GST Practitioner
55067 Points Posted on 24 September 2019
As per section 50 of CGST the interest is 18℅ on Gross liability
Reply
On 24 September 2019 at 21:43
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 24 September 2019
Interest rate @ 18%...
Reply
On 24 September 2019 at 22:29

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Car purchase to be eligible for ITC
  2. GST Refund on payment to builder
  3. TDS u/s 194Q on electricity supply by DHBVN etc.
  4. Subject: Can I Apply for Fresh GST Registration on
  5. Additional place in GST RC
  6. Company 3 months old, INC-20A not filed, all 3 of
  7. How do I choose the Best GST Lawyers in New Delhi
  8. Loss on sale of residential flat after indexing al
  9. Short Deduction
  10. Large mismatch between AIS Business Receipts and G

More recent discussions | Post

Related Topics :

Loading