https://www.taxtmi.com/acts?id=23958 Interest is payable on delayed payment of tax under GST at a notified rate not exceeding eighteen per cent, calculated from the day after the due date. For late returns, interest is confined to tax paid through the electronic cash ledger, except where proceedings have already commenced under the specified recovery provisions. Where input tax credit is wrongly availed and utilised, separate interest is payable at a notified rate not exceeding twenty-four per cent in the prescribed manner. en-us Mon, 27 Mar 2017 17:10:51 +0530 Thu, 25 Jun 2026 17:54:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23958 Interest is payable on delayed payment of tax under GST at a notified rate not exceeding eighteen per cent, calculated from the day after the due date. For late returns, interest is confined to tax paid through the electronic cash ledger, except where proceedings have already commenced under the specified recovery provisions. Where input tax credit is wrongly availed and utilised, separate interest is payable at a notified rate not exceeding twenty-four per cent in the prescribed manner. Act-Rules GST Mon, 27 Mar 2017 17:10:51 +0530 https://www.taxtmi.com/acts?id=23958