pr br (319 Points)
10 July 2020Hello ,
My total Tax liability for April 2020 is 1,00,00.
What is the formula to calculate late fee and interest for one day delay? I will file gstr3b today.
due date was 9th July 2020.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 10 July 2020
pr br
(319 Points)
Replied 12 July 2020
| Originally posted by : RAJA P M | ||
 |
Interest = 49/-See the Formula below 100000*18/365*1 = 49.32/-( late fee calculated automatically in next month GSTR 3B return) |  |
I paid more 100 rs as interest, not the exact 49 rs. is there any problem for this excess amount paid ?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 July 2020
CAclubindia
