Question
If for August`18 the due date for filing GSTR-3B Return has been extended to 24th August`18. Then do we need to charge interest for 4 days late return filing, if we file on 24th, also please provide us the section / notification / circular (if any) for understanding the same. Does same principal apply for late fee also?
Answer
Interest shall be charged till the date it is
offset in return i.e. till the date return is filed offsetting the same rather
than the date on which payment is made because the liability remains outstanding
till the time you offset it through E Cash ledger in return.
In your case if the return is filed on 20th then interest is charged upto 20th,
but if return is filed on 24th then interest is charged upto 24th.
So far as late fee is concerned it is levied only after the due date of filing
of return in case the return is not filed upto due date. In the present case the
date is extended by Government upto 24th August, so there is no levy of late fee
on filing of return upto 24th August. (Reply dt.05/10/2018)