Interest calculation under GST
Harsh Dwivedi (Service) (69 Points)
19 April 2019
How to calculate interest in GST on late filing of return
2 Replies
Lisha Bansal
(CA Finalist)
(2595 Points)
Replied 19 April 2019
Interest is calculated day wise.
Interest = Payable Amount * 18% / 365 * No of days
Note: The rate is 18% p.a
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