Question

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)