GST Interest Calculator

Compute late tax interest at 18% per annum for delays in filing GSTR-3B.

Interest is calculated only on the net tax liability paid in cash (excluding Input Tax Credit).

Late Filing Interest Due

₹370

Calculated at the statutory rate of 18% per annum under Section 50 of CGST Act.
Formula: ₹25,000 × 18% × (30/365 Days)

How This is Calculated (Formula Transparency)

Interest = Net Tax Liability * (18 / 100) * (Number of Days Delay / 365).

Concept: Interest = ₹50,000 * 0.18 * (30 / 365) = ₹739.73.

Worked Example Case Study

Scenario: Net cash GST due is ₹50,000, delayed by 30 days.

Detailed Calculation: Interest = ₹50,000 * 0.18 * (30 / 365) = ₹739.73.

Result Outcome: Interest due: ₹740 (rounded).

Assumptions & Rules

  • Interest rate is 18% per annum for late payment.
  • Calculated on the net tax liability paid in cash (excluding Input Tax Credit).
  • Calculations are compliant with laws and rates as of FY 2025-26 (AY 2026-27).

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