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interest on delay filing

abhinav saxena (CENTRAL TAX INSPECTOR) (113 Points)

28 March 2019

does late filing of gstr-3b return attract interest ?
due date of filing: 20-apr-2018
date of filing: 27-may-2018
gstr-3b return period: march-2018
tax offset RS. 1000000/- ten lakhs

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5 Replies

Radhey Shyam Jha (Student) (1616 Points)
Replied 28 March 2019

Late fee of filing return is Rs.200 per day means (100 under CGST and 100 under SGST), subject to a maximum of Rs. 5,000 for a particular period.

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abhinav saxena (CENTRAL TAX INSPECTOR) (113 Points)
Replied 28 March 2019

dear, the query is related to interest , not with late fee.

Radhey Shyam Jha (Student) (1616 Points)
Replied 28 March 2019

Dear Abhinav
Only late filing fee will be levied and not interest.

abhinav saxena (CENTRAL TAX INSPECTOR) (113 Points)
Replied 28 March 2019

Please look into the provision in section 50 of cgst act.... interest will be levied on delayed payment of tax.... date of payment of tax is date of furnishing of return.