Forum GST GST PENALTY & INTEREST

GST PENALTY & INTEREST
SAMIR PATEL
watch_later 20/02/18

Respected Sir,

know me GST penalty & interest rules.

1 Response | Latest response: 20/02/18 | Sort by Likes(thumb_up) Recent | GST Reply
Pulkit Sharma
watch_later 20/02/18
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Interest

  • 18% on non payment of GST
  • 24% if wrong input credit utilised

Penalty/Late filing fee

  • Rs. 50 per day for each day of delay
  • Rs. 20 per day for nil returns
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