Question 43:  

A regd. dealer has deposited his gst liability before the last date of filing of GSTR-3B. But could not file his GSTR-3B within time. What would be penal provisions apart from late filing fees. Will there be any interest payable. If part payment of gst liability was made before the last date of GSTR-3B and part payment was made after due date with GSTR-3B. What would be interest liability apart from late filing fees.

Answer

If you have not filed GSTR-3B then you are liable to pay interest in cash even if the tax is deposited by you before the last date of filing GSTR-3B because your output tax liability remains outstanding till the time you offset it through E Cash ledger in return.

Part payment of GST liability before last date of filing GSTR-3B will not make any difference, even then you are liable to pay interest on total amount at the rates prescribed under Notification 13/2017 Central Tax.

 (Reply dt. 06/06/2018)