Interest charge on Gross Liability or net Liability
amol bramhankar (artical tranee) (266 Points)
30 July 2020
In gst interest calculation is after input deduction or before
6 Replies
Amardeep Prajapati
(83 Points)
Replied 31 July 2020
Interest to be calculate after setoff input
hence interest calculate on net tax liability
hence interest calculate on net tax liability
amol bramhankar
(artical tranee)
(266 Points)
Replied 31 July 2020
Any notification I have received notice and officer charge interest on Gross amount
Kishor Lulla
(993 Points)
Replied 31 July 2020
No notification yet. our view is not confirmed by govt
amol bramhankar
(artical tranee)
(266 Points)
Replied 31 July 2020
Sir please give notification or number
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