22 April 2023
When should I deposit tax for march 2023 when my due dates for return is 24/04/2023.what will we due date for deposit of taxes without interest for me?
22 April 2023
Due date for payment of GST liability for march, 23 quarter, if you are a quarterly filer, is 24 april, 23. If you deposit tax by this date, there will be no interest.
If you will deposit tax after this, interest will be applicable as per section 50 of CGST Act, 2017.
Regards
23 April 2023
Interest rate is 18%.
No. of days = Date of payment - 20th April
Interest will be applicable only on that portion of tax which you will pay in cash only.
Refer sec. 50 for reference.
Regards
23 April 2023
It means if I make payments after 24th April 2023 , interest will be charged from 20th April 2023 irrespective of due date of filing of my gstr3B return 24th April 2023.
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