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Gstr3b late fee & interest

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Mantosh Singh

Accountant

34 Points Joined October 2018

I am filing GSTR3B of July 2018 today i.e 3 Nov, 2018. Due date of filing (20/07/2018). I have tax liability for that period (IGST 88740), CGST (33300) SGST (33300). So, I need to pay late fee only or Interest as well?

Note:- Portal showing late fee only auto calculated. Interest table blank.

Replies (4)

SANDIP DAVE

2 Points Joined October 2018

As per SEC. 50 Of CGST ACT, 2017 Interest must have to paid

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

@ Mr Mantosh Singh

Yes... We must pay Interest also Late Fee...

System calculate automatically for the late fee in Your next GSTR 3B return.

But, Interest will be calculate ourself. System can't calculate interest. Also it's payable in same month...

(Late Fee is fixed as no. of days (X) Rs 25. But, Interest is different way, Different figure also it ll be payable same month)