sir.
I have filed gstr 1 and gstr 3b for the months of October 2020 to may 2021 on 3/11/2021 under amnesty scheme.
now I have to pay interest, please tell me how to calculate.
or is there any waver of interest during that period.
please guide me
thanking you
in advance
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Interest on late return filing
Replies (2)
interest is payable on net cash paid through cash ledger at the rate of 18% per annum calculated from due date till the date of actual payment.
18% interest till date of payment
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