Respected experts,
I am filing GST return by late.
I have only sgst liability to be paid.
while filling payment challan at interest colomn, whatever amount entered in sgst interest, the same amount automatically appearing in cgst. how can I avoide interest for csgt. thanks in advance.
4 Replies
Vamsee Krishna Mohan V T
(CMD)
(58 Points)
Replied 14 July 2019
can you say more information about the liability?
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 15 July 2019
Dear ,Bharathi R
yes you are correct , interest can be paid under Both head equally . if suppose interest is payable 500, can be under CGST 250/- ,.& SGST 250/- , even the tax payable was only under SGST head.
But pls put a mail to GSTN before paying the same
yes you are correct , interest can be paid under Both head equally . if suppose interest is payable 500, can be under CGST 250/- ,.& SGST 250/- , even the tax payable was only under SGST head.
But pls put a mail to GSTN before paying the same
Jatin
(Accountant)
(3479 Points)
Replied 15 July 2019
Please calculate interest on gross GST liability without taking ITC as per section 50
after that interest amount same for CGST & SGST
@ Pankaj Ji
How can divide equal amount for GST liability
after that interest amount same for CGST & SGST
@ Pankaj Ji
How can divide equal amount for GST liability
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