TaxTMI 
TaxTMI 
Dear Experts, We have discharged our GST payment liability on due date but their is some minor delay in submission of GSTR-3B returns. Whether we require to pay interest.
Demand of Interest when payment is discharged on due date.
12 Apr 2021 
7 Replies 
5148 Views Asked by
Interest on delayed tax payment: filing date may determine payment date, potentially triggering interest despite timely challan.
Whether interest is payable where the challan was deposited on the due date but GSTR-3B was filed late: one position treats the cash deposit into the Electronic Cash Ledger on the due date as discharge of liability and hence no interest, subject only to any portal-imposed late fee; the opposing position holds that tax is debited and deemed paid only on filing the return, so interest for the delay is chargeable, and departmental notices may be issued, with judicial relief required to alter that outcome. (AI Summary)
Whether interest is payable where the challan was deposited on the due date but GSTR-3B was filed late: one position treats the cash deposit into the Electronic Cash Ledger on the due date as discharge of liability and hence no interest, subject only to any portal-imposed late fee; the opposing position holds that tax is debited and deemed paid only on filing the return, so interest for the delay is chargeable, and departmental notices may be issued, with judicial relief required to alter that outcome. (AI Summary)