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.

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.