Proviso inserted w.e.f 1st Sep 2020 for effecting interest payable only on net tax liability paid through debiting Electronic Cash Ledger, paid after the due date of GSTR-3B, vide Notification No. 63/2020 dated 25th August 2020, other than the where tax is paid after commencement of proceedings u/s 73 or 74.
No clarity provided for the interest on net tax liability for the period 1st July 2017 to 31st August 2020.
Comments