Interest on late payment of GST. If payment is not made within due date then interest is to be paid at the rate of 18%. In case a person makes an undue or excess claim of input tax credit or undue or excess reduction in output tax liability, he shall be liable to pay interest on such excess claim or excess reduction at the rate of 24%.
Provisional tax instalments, student loan interim payments, GST returns and payments due more > 28 May: GST returns and payments due more > 28 June: Provisional tax payments for ratio option and AIM customers, and GST returns and payment due more > 30 June: Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (FATCA ...
Goods and Service Tax is an ambitious tax regime applicable from 1st of July 2017 made a number of indirect taxes subsumed into it. The government has revealed the due dates for the payment of GST.The GST payment due date for general taxpayers is 20th of next month while the GST payment due date for composition scheme dealers is 18th of next quarter.
GST important Due dates for Financial year 2018-19 (A) Due date for payment of GST (From 01-04-2018 to 31-03-2019) Taxpayer Periodicity of GST Payment Due Date for payment of GST; Taxpayers with Annual Turnover upto Rs. 1.5 Crore (filing GSTR-1 on quarterly basis) Monthly:
Both GST returns and payment are due one month after the end of the accounting period covered by the return.If you are on GIRO plan for GST payment, GIRO deductions are on the 15th day of the month after the payment due date. You may refer to your acknowledgement page for payment details after you have e-Filed.
GST payment due date in India. The GST payment due date in India is 20 days from the end of any tax liability period. Similarly, the Tax period can be a month or quarter for which the taxpayer has to make GST payment. Thus, gst payment date is the date on which you file your GSTR 3B Return. The last date fo file GSTR 3B is 20th of next month.
Interest on delayed tax payments is charged at 18 percent per annum on the amount of outstanding tax and is calculated from the day following the missed due date until the actual date of payment. Using GST compliance software can greatly assist businesses in filing returns accurately and on time.
Due date calendar of April 2019 | GST Due date calendar for April 2019; Disclaimer: The entire contents of this document have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation. Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, I assume no responsibility therefore.
IRD Due Dates Your list of tax and GST due dates NZ. PAYE – Due 20th of every month Tax Returns are due before 31 March . March Balance Date – Not GST Registered. 28 August: 1st Provisional Tax Instalment Due: ... May/June GST Return & Payment Due and 3rd Provisional Tax Instalment Due:
How to pay. To make your GST/HST instalment payments, use Form RC160, Remittance Voucher – Interim Payments. This form is only available in a personalized and printed format. You still have to make your payment by the due date even if you do not receive your remittance form on time. To order Form RC160, see Order remittance vouchers or ...