Sunday, February 16, 2020

The War over Interest

The war has begun. The first missile was fired by the CBIC through the CBEC Members letter F.No. CBEC-20/16/07/2020 Dt. 10.02.2020, wherein it was exhorted that in case of delayed filing of return (GSTR-3B), interest would be payable on the gross interest liability.  This letter goes on to record that a whooping interest due to […]

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