Eye Share : Applicability of interest on delayed filing of returns ?

As per Section 50 of the CGST Act, delayed payment of GST attracts interest at the rate of 18% percent for the period for which the tax or any part thereof remains unpaid. Further, unlike the erstwhile IDT regime, under GST regime, payment of tax can be done only after filing of return in FORM GSTR-3B.Mr. Anuj Kakkar (Partner, Vriddhi Advisors) in this insightful analysis attempts to answer the question as to whether interest liability can get triggered for delayed filin...