Articles on Late Interest

Pay 18% interest on  payment of GST after due date

What is the interest on late payment of GST? - Latest interest rate on late payment of GST under section 50 of CGST Act with calculation/example

By Paras Mehra June 28, 2017

By notification number 13/2017, the government has notified the interest on late payment of GST at18% per annum. Further, if any person takes undue or excess claim of input tax credit (ITC) then person shall be liable to pay interest at 24% instead of 18%

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