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interest charged

Shyamal Mukherji (13 Points)

15 September 2017

GST challan to be paid on 21.9.2017 for August . what will be interest charged?

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2 Replies

Jouhar Ali (Article) (126 Points)
Replied 16 September 2017

There will not be interest as there are certain relaxation as a part of implementation of GST. More views are solicited.

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RAJA P M ("Do the Right Thing...!!!") (128010 Points)
Replied 16 September 2017

In case interest ll be raising from GSTN. It's ll autopopulated in particular interest column... In case you didn't get any figure in there. You can leave it.
In my view,
As per rule interest is payable.
You can calculate,
Payable Amount * 18% / 365 * 1 (no of days)