LIABILITY
subhagan sreerangam (7056 Points)
25 September 2018
GST interest liability both on Tax dues and late fee.Please clarify.
3 Replies
vijay mariyala
(Job)
(126 Points)
Replied 25 September 2018
As per sec 50 of CGST Act, interest is leviable only on unpaid tax amount. So interest is levied on unpaid tax dues only.
K P S Group
(247 Points)
Replied 26 September 2018
Very nice Mr. Vijay Mariyala it's good to convey the best answer
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