GST Interest

99 views 1 replies
If GST is paid after due date then Interest is applicable on Gross Liability or Net liability after ITC utilization?.

Please guide me in this regard
Replies (1)
Interest would be applicable on the Net liability- as per the recommendations of the 39th GST councile meeting.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register