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    <title>interest on gst liability</title>
    <link>https://www.taxtmi.com/forum/issue?id=115184</link>
    <description>The issue concerns computation of interest on GST liability where amended rules require IGST credit to be applied to CGST first and then SGST, producing distinct net CGST and SGST liabilities; portal behaviour that duplicates interest entries across CGST and SGST columns may overstate payable interest. Respondents note the portal software is not yet updated and advise awaiting system modification and following the Board circular for interim guidance.</description>
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    <pubDate>Sun, 14 Jul 2019 13:29:31 +0530</pubDate>
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      <title>interest on gst liability</title>
      <link>https://www.taxtmi.com/forum/issue?id=115184</link>
      <description>The issue concerns computation of interest on GST liability where amended rules require IGST credit to be applied to CGST first and then SGST, producing distinct net CGST and SGST liabilities; portal behaviour that duplicates interest entries across CGST and SGST columns may overstate payable interest. Respondents note the portal software is not yet updated and advise awaiting system modification and following the Board circular for interim guidance.</description>
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      <law>GST</law>
      <pubDate>Sun, 14 Jul 2019 13:29:31 +0530</pubDate>
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