Interest on late filing of GST Returns
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....nterest on late filing of GST Returns<br> Query (Issue) Started By: - Ravikumar Doddi Dated:- 15-12-2018 Last Reply Date:- 15-12-2018 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>Dear sir, K....
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....indly clarify that interest on late filing of returns is it on gross payable or net payable ( after deducting ITC), Section 50 says liable to pay tax. Any how if there is no ITC it is gross,when it is....
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.... ITC failed to file before prescribed date shall we calculate on gross or net. Rate of interest how should we calculate is it for whole month or for short fall dates. Reply By SHIVKUMAR SHARMA: The R....
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....eply: Yes,Interest to be paid on Total output tax Payable. Delay days to be counted from the due date of filing return to date of filing return.<br> Discussion Forum - Knowledge Sharing ....