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Interest on Delayed GST Payment Will Now be Calculated on Net Tax Liability

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Businesses, other than those under the composition scheme, registered under goods and services tax (GST) have to file returns (GSTR-1) showing tax liability by 11th of the following month and pay taxes by filing GSTR-3B by 20th.

from Top Business News- News18.com
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Interest on Delayed GST Payment Will Now be Calculated on Net Tax Liability Interest on Delayed GST Payment Will Now be Calculated on Net Tax Liability Reviewed by Team Exprssnews on February 15, 2020 Rating: 5

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