interest on late payment
Saurabh Kumar (116 Points)
27 June 2018Saurabh Kumar (116 Points)
27 June 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 27 June 2018
Originally posted by : Saurabh Kumar | ||
if sm1 file his 3b after due date then will he hv to pay interest @ 18% on payable tax however for 1 days and late fee 50 rs also? |
Yes... Applicable...
Late Fee Rs. 50 (CGST Rs. 25 & SGST Rs. 25)
Interest @ 18% p.a to Bothe heads...