The government had recently announced that interest will be levied on taxpayer who has filed returns after the due dates and ordered recovery of ₹46,000 crores as interest from those who filed their returns after the due dates. But , apparently, government is planning to recover these kind of money in terms of paise or minor amount of ₹2/ ₹5/ ₹6 like this .
In one of such notice sent to a brokerage firm, the notice reads: “Records indicate that you have filed your GSTR-3B return for the period 2019-20 after due dates, in which you have not calculated and paid your interest liability under section 50 of the CGST Act, 2017. You are advised to deposit the interest amount of Rs 5.9858630140000004, calculated as per provisions of section 50 of the CGST Act, 2017”.
The notice further warns of legal action if the amount is not deposited. “In case the opportunity for voluntary compliance as suggested is not availed, appropriate legal action for recovery of interest due to delayed filing of return shall be initiated.”
This is very laughable action , taken by the government. It is non-professional and unfortunate behaviour of ministry that experts has to give their time to reply such notice and taxpayers has to pay such a amount as interest .