GST Interest (Section 50)

Interest on delayed payment of GST — 18% per annum on a net cash liability, or 24% on wrongly availed and utilised input tax credit.

Inputs

Basis

Tax amount (₹)

Calculate by

Number of days delayed

Interest payable

₹0

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Working

Indicative. Interest under section 50 is 18% p.a. on delayed tax (charged on the net cash component for late GSTR-3B) and 24% p.a. on input tax credit that was wrongly availed and utilised. Computed here as amount × rate × days ÷ 365. Confirm the exact period and net-liability position.