How to calculate GSTR -3B late payment and interest, I missed 15 Sep 2020 due date.
My tax to be paid: 50,000 rs.
If I file GSTR 3B return tomorrow on 24th September.
3 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 24 September 2020
Which month's Return your are filing ?
pr br
(319 Points)
Replied 24 September 2020
| Originally posted by : Sagar Patel | ||
 |
Which month's Return your are filing ? |  |
sir . its may 2020, I thoiught I had filed it already but when I checked it yesterday found it as unfiled :-(
what is the interest rate now and formula for interest calculation.
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 24 September 2020
@ Mr. pr br
For May, 15 September, 2020 is last date
If you filed on 25 September, 2020
i.e 10 day delay
interest @ 9% per annum for 10 day payable.
Suppose, tax payable 10000
than interest 10,000*9%/365*10=Rs. 24.65/-
Note: For June last date is 25th September, 2020
For May, 15 September, 2020 is last date
If you filed on 25 September, 2020
i.e 10 day delay
interest @ 9% per annum for 10 day payable.
Suppose, tax payable 10000
than interest 10,000*9%/365*10=Rs. 24.65/-
Note: For June last date is 25th September, 2020
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