TaxTMI 
TaxTMI 
INTEREST COMPONENT IN GSTR-9 ANNUAL RETURN
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....NTEREST COMPONENT IN GSTR-9 ANNUAL RETURN<br> Query (Issue) Started By: - VEMULA CHANDRASEKHAR Dated:- 11-6-2019 Last Reply Date:- 11-6-2019 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>How t....
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....o calculate interest component liable on Pt.V of GSTR-9 if not earlier paid. Does interest is to be calculated from the date that is liable to pay to the date on which it is paid?. Interest on late pa....
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....yment of tax is 18%, and the turnover we get under Pt.V are the amendments made in 2018-19 , it may be an excess or deficit of tax does interest is to be calculated @ 24% on it? does interest is to be....
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.... calculated till payment of tax or till filing of GST return, as there might be a difference in the date of payment & the date of filing. Reply By KASTURI SETHI: The Reply: If interest is to be paid....
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.... on one's own (self detection), rate of interest is 18%. If interest is to be paid on being pointed out by the Department (by way of letter or notice etc.), the rate of interest will be 24 %. Peri....
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....od of interest is : from the date of liability to till the date of payment of tax and not date of filing return.<br> Discussion Forum - Knowledge Sharing ....