Hyderabad Commissionerate orders verification and recovery of interest not discharged w.r.t. belated returns

Feb 05,2019

Hyderabad GST Commissionerate issues clarification w.r.t. payment of interest arising u/s 50 of CGST/SGST Act on account of delayed filing of GSTR return, observing irregularities in payment of same by taxpayers (TPs); Clarifies that interest amount, automatically becomes a recoverable arrear, which needs to be recovered in terms of Section 79 of CGST/SGST Act; Further, interest liability is mandatorily attracted on entire Tax remaining unpaid beyond prescribed due date where...


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