banner_ad

Short payment of output tax for F Y 2018_19

Others 178 views 3 replies
sir,

we have made short payment of output tax for Rs.8,25,000/- for FY 2018-19.
can we pay now along with GST return of March 2021 through GSTR3B (March 2021 yet to file)/can we pay through DRC:03.
is this attract Interest or penalty. if it attracts what is the rate of interest.
please suggest us in this regard

regards,
Sreeramulu Kanchanam
Replies (3)
Yes you have to pay the required tax liability through
DRC 03 and Interest for short payment is 18%
Thank you sir
Your welcome


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details