GST interest

GST interest is charged at 18% per annum on net tax paid late, computed for the number of days from the due date until payment.

Formula

Interest = tax × 18% × days / 365

Example: ₹1,00,000 tax paid 30 days late → ₹1,479 interest.

Related terms

General information, not tax, legal or accounting advice. Thresholds and timelines change by notification — confirm applicability with your CA, CS, or lawyer.

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