watch_later 09/03/18

GST under RCM on GTA services has not been paid since 13th october 2017 thinking RCM is fully suspended till March 31st. GST Tax liability is 15,713/-

1. How to calculate Penalty & interest on this liability?

2. How & where such liability need to show in GSTR 3B & 2?

Thanks in advance.

1 Response | Latest response: 10/03/18 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 10/03/18

You need to charge GST at 18% PA.

If you pay tax now, then there will be not penalty amount. If you do not pay tax and officer finds it then penalty will be applicable.


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