Query on sec 50b of gst
Tanuj Chandra Saxenaa (Company Secretary) (7075 Points)
15 December 2021Proviso of 50(1) only talks about the liabilities of a tax period declared in the returns of the same tax period but after the due date
Tanuj Chandra Saxenaa (Company Secretary) (7075 Points)
15 December 2021
Anshika Aggarwal
(Chartered Accountant)
(186 Points)
Replied 06 January 2022
interest to be charged on net liability which is to be paid through cash in that particular month