GST Interest Calculation

Author
View profile
Last updated: 19 March 2020
Quick Summary
This spreadsheet helps you calculate Goods and Services Tax (GST) interest accurately for the financial years 2017-18 and 2018-19. It incorporates the retrospective amendment from 1st July 2017, meaning interest is now calculated on net cash liability (Gross Liability minus Input Tax Credit) rather than the gross amount. The tool includes fields for CGST, SGST, IGST, due dates, date of payment, and days outstanding, providing a clear breakdown for your calculations. This is an invaluable resource for businesses and tax professionals needing to ensure correct GST interest payments.

File details
XLSX 17 KB 0 downloads GST
File description
THIS SHEET CAN BE MADE AS PER LATEST UPDATES ON 39TH GST COUNCIL MEETING, Interest for delay in payment of GST to be charged on the net cash tax liability w.e.f. 01.07.2017 (Law to be amended retrospectively). SUBJECT TO CBIC NOTIFICATION #xlsx
Download XLSX 17 KB Like
Submitted by · Posted 19 March 2020 · Other files by CA NAHID SHALAUDDIN · Report
Comments

Recent Files in GST

View more →
PDF

FAQs in relation to Recommendations of the 57th GST Council Meeting

14 October 2026 Download
PDF

FAQs on Reforms related to Litigation Management

13 October 2026 Download
PDF

FAQs on refund of ITC accumulated on account of inward supply of input services and capital goods

13 October 2026 Download
PDF

FAQs on Simplified Registration Schemes for ECO Sellers

10 October 2026 Download
PDF

FAQs On Cancellation of GST Registration

10 October 2026 Download
PDF

FAQs On Amendment in GST Registration

10 October 2026 Download

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Nagesh KharatNagesh KharatPro Member partha pratim partha pratim Pro Member Sasidhar BSasidhar BPro Member sbhagi299sbhagi299Pro Member Jagannathan SeshadriJagannathan Seshadri
Subscribe to Pro
Join an elite circle of professionals


Popular Files


  1. RBI Bulletin: October 2026
  2. RBI issues guidelines on the implementation of Leverage Ratio 2017 Standard
  3. ICAI Students' Journal - Nov 2026
  4. RTPs for CA Foundation Jan 2027 Exams
  5. RTPs for CA Intermediate Jan 2027 Exams

Latest Job Openings

View all
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details