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Interest Payable under SGST head only

Pankaj Arora (Learner) (3134 Points)

23 May 2018

We had deposited SGST for the month of March on 22nd May, I am paying interest of Rs 28000/- in SGST interest column but portal automatically calculating interest in CGST column also. Please help

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9 Replies

Vinod Babu (24191 Points)
Replied 23 May 2018

My opinion is that interest is applicable for the both acts cgst and sgst

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CA CMA Amarnath Nuthalapati (15 Points)
Replied 23 May 2018

Yes
Interest Is applicable to SGST and CGST

Pankaj Arora (Learner) (3134 Points)
Replied 23 May 2018

but my liability is under the SGST head only so why should I need to pay interest on CGST

Divakar (Student CA Final ) (11857 Points)
Replied 23 May 2018

Yesterday i had paid sgst interest... No such issue has been arisen... Go in create challan section and then create and pay amount... Interest is payable only for respective liability

Pankaj Arora (Learner) (3134 Points)
Replied 23 May 2018

I had already deposited interest in SGST head, but issue is when I put interest figure in interest & late fee column it automatically get reflect in CGST head also