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PMT 06

Himanshu Agarwal (Proprietor) (186 Points)

02 July 2021

What is last date for QRMP scheme payment for May month without Internet or penalty.
As 26th June is normal date..?

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2 Replies

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 02 July 2021

No interest till 10/7/21
Upto 25/7/21 it's 9% interest
Thereafter it's 18% interest

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Imthias ahamed Kormath (910 Points)
Replied 03 July 2021

My thought in the interest rate in the gst is that
Basically Gst is three tier system. maximum interest is 18%.
Igst on interstate and
Cgst and Sgst on intrastate respectively.
In a financial year which treated on the pending due as 6+6+6
In that financial year, no any igst due pending
it is treated as 6+6=12% on intrastate only.
If no any cgst,sgst due pending
it is treated as 6% only in financial year.
Now. Its faced as a difficult matter in the gst by traders and tax authorities.