suppose i have filed my april gstr 3b on 30 august. however i have not submitted interest on same amount till now (ie 10 jan 2020 ) and , gross output liability is rs 60000 and Itc available was rs 30000.
my question is how much interest i will have to pay today??
2 Replies
CA Ankith Jain
(Chartered Accountant)
(973 Points)
Replied 10 January 2020
You have pay interest at 18% p.a from 21st May to 30th August on Rs.60,000.
Prashant Agrawal
(20 Points)
Replied 11 January 2020
But i think there is a deemed assumption taken in all example provided that i have paid interest while filing of return??
but actual i have not
but actual i have not
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