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Indirect Tax Suite

GST Calculators & Indirect Tax Utilities

Statutory GST calculators formulated under the Central Goods and Services Tax Act, 2017 (CGST Act), State GST Acts, and Integrated GST Act. Compute statutory interest on delayed return filing under Section 50(1) on net cash liability with head-wise IGST, CGST, and SGST apportionment.

Governed by Section 50 of CGST Act 2017, Section 47 Late Fees, Section 10 Composition Rules, Section 129 Penalties, and GST Council notifications.
Statutory Guidance & Explanatory Notes

Statutory interest computation, delay day calculation, and indirect tax compliance utilities.

Statutory GST calculators formulated under the Central Goods and Services Tax Act, 2017 (CGST Act), State GST Acts, and Integrated GST Act. Compute statutory interest on delayed return filing under Section 50(1) on net cash liability with head-wise IGST, CGST, and SGST apportionment.

Governing Statutory Framework

Governed by Section 50 of CGST Act 2017, Section 47 Late Fees, Section 10 Composition Rules, Section 129 Penalties, and GST Council notifications.

Statutory & Legal FAQs

Frequently Asked Questions

Under the proviso to Section 50(1) of the CGST Act (retrospectively amended), interest @ 18% per annum is payable ONLY on the net tax liability paid by debiting the Electronic Cash Ledger (i.e. gross tax payable minus eligible Input Tax Credit). Interest is calculated on a daily basis from the day succeeding the statutory due date to the actual date of payment.
Professional Advisory

Need Professional Assistance with Departmental Filings, Notices, or Tax Planning?

Calculations provide indicative statutory estimates. For departmental filings, notice resolution, and custom tax planning, consult directly with SKM LAWS AND ASSOCIATES.