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Interest on late filing of gstr 3b

22 January 2019

I have 20,000 tax lability in sgst.
When i want to pay interest on tax lability Rs. 460/- in sgst then automatically 460/- interest shows in cgst interest box.
Then how can i made interest payment and file return.

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8 Replies

durgesh (student) (222 Points)
Replied 22 January 2019

cgst and sgst both need to paid in case of a particular transaction....how is it possible that u have paid cgst and not sgst.....is it the IGST input helping you do this ?

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rajesh jha (64 Points)
Replied 22 January 2019

My tolal lability is 60000 in cgst & sgst.
My total itc is 40000 in igst.
After adjustmet i m laible to pay sgst of Rs. 20000. Then interest is laible only sgst. But on gst portal we put interest amount in sgst same amount is automatically pulled in cgst.

durgesh (student) (222 Points)
Replied 22 January 2019

i tried it just now.....only late fees is autopopulated.......interest we can show it separately.....i tried putting in cgst ....nothing in sgst was shown

pritesh (CA Final student) (7101 Points)
Replied 23 January 2019

Interest will not be auto populated correctly Said bt durgesh sir

Amit Rajput (37 Points)
Replied 27 January 2019

Right pritesh sir.. interest will not be auto populated correctly

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rajesh jha (64 Points)
Replied 27 January 2019

Pratish sir, durgesh sir and amit sir send me your number. Then i send you video when i putting cgst interest amount same will be automatically pulled in sgst interest box.

Afreen Fatima (Aricle Assisstant (Final Year)) (129 Points)
Replied 05 February 2019

As per the provision of GST Act you need to pay interest on gross liability(refer sec. 49 of CGST Act.). As per Sec. 49 GST payment will happen only after debiting the credit ledger and/or cash ledger. And for debiting the the credit or/and cash ledger you have to file GSTR 3B. It means you will pay interest on 60000 instead of 20000. Regarding this issue amendment in Sec. 50 of CGST Act 2017 has suggested but not notified yet.

Afreen Fatima (Aricle Assisstant (Final Year)) (129 Points)
Replied 05 February 2019

As per the provision of GST Act you need to pay interest on gross liability(refer sec. 49 of CGST Act.). As per Sec. 49 electronic credit ledger or cash ledger may be used for making payment of GST liablity. And payment will happen only after debiting the credit ledger and/or cash ledger by filing GSTR 3B. It means you will pay interest on 60000 instead of 20000. Regarding this issue amendment in Sec. 50 of CGST Act 2017 has been suggested but not notified yet.