GST Filling New Functionality of the interest calculator in GSTR-3B

New Functionality of the interest calculator in GSTR-3B

New Functionality of the interest calculator in GSTR-3B

New Functionality of the interest calculator in GSTR-3B on GST Portal:

The New GST functionality of interest calculator in GSTR-3B is now live on the Goods and Services Tax Portal. This Goods and Services Tax functionality will facilitate and assist the taxpayers in doing self-assessment.

This GST functionality will arrive at Online GST portal computed interest on the basis of Goods and Services Tax liability values declared by the GST taxpayers, along with details about period to which it related. The interest applicable, if any, will be computed after the Goods and Services Tax filing of the said GSTR-3B & will be auto-populated in the Table-5.1 of the GSTR-3B of the next tax-period.

The aforementioned function will help taxpayers calculate interest correctly for any past-due tax liabilities they may have declared in the GSTR-3B for the current tax period by providing them with information on how the system computes interest for each tax head.

  To view a computation example of interest displayed in GSTR-3B by the system together with sample values and screenshots, The simple process of filing GST returns will be further enhanced by this feature, which will help taxpayers comply with less requirements going forward. Please refer to the complete advise addressing the functionality for further information. Click the link below to access the details of Functionality: Interest calculator in GSTR-3B

Above Link of GST will make the proper Understand the GSTR 3B's automatic interest calculation method. Where to enter the prior period's tax liability in GSTR 3B. Information that must be entered into the New Tab Tax Liability Breakup. 

Disclaimer: The content of this post isn't considered to be professional or legal advice, We aren't responsible for any damages arising from your access to the location content & must not be relied on or used as a substitute for legal advice from a lawyer professional in your jurisdiction. CARajput is among India's big digital compliance services platform which committed to helping people have started & developed their businesses. We had started with the goal of creating it easier for start-ups to start out their business. Our main aim is to assist the businessman with applicable laws & regulations compliance and providing support at each & every level to make sure the business stays compliant and growing continuously. For any query, help or feedback you may in touch on singh@carajput.com or Call or what’s-up on 9-555-555-480

Share This Post

Related Articles

Related Videos

Need help?

Request a call
from a RJA
Business Advisor.

LET'S TALK

Private Limited Company

Popular Categories

Browse Blogs

Recent Posts

CBDT Circular : TDS/TCS Relief Due to Inoperative PAN

CBDT Circular : TDS/TCS Relief Due to Inoperative PAN

How to Handling negative IGST liability under the GST System in India

How to Handling negative IGST liability under the GST System in India

More than 8 lakhs ITR (income tax returns) for AY 24–25 have been filed so far.

More than 8 lakhs ITR (income tax returns) for AY 24–25 have been filed so far.

MCA : PAS Rules -Pvt Ltd Co. to issue shares etc in Demat form only

MCA : PAS Rules -Pvt Ltd Co. to issue shares etc in Demat form only

Complete Guide on ROC Filing of Form MSME- 1

Complete Guide on ROC Filing of Form MSME- 1

Connect with a RJA Advisor

Fields marked with an * are required

Enquire Us

Please send us your query and we feel very happy helping you

Testimonials

  • Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.

    A US consultancy group

  • Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.

    A Leading Service Provider

  • We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.

    A Leading Consultancy Firm in Dubai

Money Back Guarantee

Not happy with the service? You can request a refund at anytime within 30 days!

24/7 Support

Get support through phone, email, mobile app or live chat - 24/7, 365 days.

EMI Payment

Easily pay online with EMI payments, credit or debit card, net banking, PayPal and more.

Get In Touch--

Rajput Jain & Associates

Add: P-60, Connaught Circus, Connaught Place, New Delhi-110001

Email: singh@carajput.com

Phone: 9555555480

Legal Disclaimer--

The information contained on this website merely provides details of our firm to persons who have shown interest in knowing more about us and is not intended to solicit work or advertise our capabilities in any manner. The information provided on this website is general in nature and should not be used as a basis of decision-making without further professional advice. The third party site links are only provided for ready reference of the users and CA Rajput Jain & Associates neither controls their content nor undertakes any responsibility regarding them.

© 2016 Rajput Jain & Associates. All Rights Reserved | Sitemap

Call Email