Applicability of interest on short payment of tax in F.Y. 2017-18
Gaurav Dixit (124 Points)
17 June 2023I am engaged in the trading activity of cement and made the short payment in GSTR-3B with comparison to GSTR-1 for the F.Y. 2017-18. The difference amount I have paid for the F.Y. 2018-19, through input tax credit and also maintained the sufficient balance in my ITC ledger. Pls suggest whether I am liable to pay the liability of interest or not.