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
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Short payment of output tax for F Y 2018_19
Replies (3)
Yes you have to pay the required tax liability through
DRC 03 and Interest for short payment is 18%
DRC 03 and Interest for short payment is 18%
Thank you sir
Your welcome
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