demand of interest for delayed filing of GSTR 3 B

[V ALAGAPPAN]

sir i have been demanded interest for delayed filing of GSTR 3B returns even though i have paid my GST by the due dates prescribed. I have paid appropriate late fee for belated filing of returns also. Please clarify.

[KASTURI SETHI]

Something is missing. Pl. re-examine. There are two issues involved:-

1. Late fee for delay in filing return.

2. Interest is to be deposited on account of delay in payment of tax.

What do you want to say ? Is interest being demanded on late fee ? Pl. confirm.

[Mr Rao]

Dear sir,

I agree with Shri Kasturi Sethi. For delayed filing of return, system itself calculates late fee and only on payment of the same, the return would get filed. So, your doubt is with regard to late payment of tax, I suppose. The date of filing of return would be the date of payment of tax. Hence, if the return is filed late, you are supposed to pay interest @ 18% pa notwithstanding the payment of late fee.

AI Summary

Interest Charged on Late GSTR 3B Filing: 18% Per Annum Despite Timely GST Payment and Late Fee Settlement A participant raised a query about being charged interest for the delayed filing of GSTR 3B returns despite paying GST by the due dates and paying the late fee for the delayed filing. Respondent Kasturi Sethi suggested re-examining the issue, highlighting two aspects: late fees for filing delays and interest for tax payment delays. Another respondent, GB Rao, agreed, explaining that the system calculates the late fee, and the return is filed only upon payment. They clarified that interest at 18% per annum is applicable if the return is filed late, regardless of the late fee payment.