GSTR-3B Interest & Late Fee Calculator – v.1.4.0

Due to Covid 19 pandemic in India, CBIC has extended the Due Dates of filing GSTR returns of various assesses for the months of February 2020 to August 2020.

There are different due dates for different types of assessee and due dates also vary based on the Turnover of the assessee which makes the understanding and remembrance of the due dates difficult and complex.

The Interest liabilities are also bifurcated based on the Turvover of the assesses. And there is also reduced interest for some category of assessee. The Late Fee liabilities are also differently bifurcated based on different types and Turnover of the Assesses. This will make the calculation of Interest and Late Fee very complex and prone to errors.

So, to remove such hurdles and assist our Readers, we have prepared  “GSTR-3B Interest & Late Fee Calculator” which will auto calculate the Interest and Late Fee liabilities from July 2017 to August 2020.

Benefits of GSTR-3B Interest & Late Fee Calculator :

• Auto calculate the Interest along with Late Fee amount for the month of July 2017 to August 2020.
• Calculator will also consider the extension of dates, rebate in interest for certain category of assesse etc.
• Covers all type Regular assesse with all types of turnover.
• Calculator is very user friendly and easy to update.

Guide to Use GSTR-3B Interest & Late Fee Calculator :

Step 1 : Go to Return Period for which you want to calculate GSTR-3B Interest & Late Fee Amount.

Step 2 : Select the State Group from the Dropdown. The State Group has been broadly classified into 2 Groups which is as follows :

Group- I States : Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep

Group- II States : Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi

Step 3 : Fill the Additional Tax Liability. In case you wish to file a Nil Return then simply enter Zero.

Step 4 : Enter the Return Filing Date on which the said GSTR-3B Return is being filed. For your convenience all the Fields will prepopulate today’s Date.

Step 5 : Verify the inputs.

GSTR-3B Interest and Late fee would have been calculated for the said Return.

Note : The Calculator has been updated till Notification 57/2020- Central Tax dated 30/06/2020.

Disclaimer : While due care has been taken in preparing this Calculator, the existence of mistakes and omissions herein is not ruled out. Neither the author nor Tax Ninja and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this Calculator nor for any actions taken in reliance thereon. No part of this Calculator should be distributed or copied (except for personal, non-commercial use) without express written permission of Tax Ninja.

In case of any error or any issues you can drop an email at support@taxninja.in or write us at : https://taxninja.in/contact.php