Home Forum Goods and Services Tax - GST Month 5 2022 2022 (5) This
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Late Discharged of Liability in GSTR 3B - Goods and Services Tax - GSTExtract Dear experts we have disclosed the liability by filing GSTR-1 but we have disclosed the liability in GSTR 3B in later months after due date . We were having sufficient ITC balance for the entire period since disclosure of short liability till disclosure of same in the later months and the liability has been discharged by utilization of GST credit and not by cash. So as per the proviso of section 50 (1) of Central Goods and Service Tax Act the interest will it applicable.
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