GST Tools

GST Interest Calculator

Compute Section 50 interest on delayed GST payment at 18% (normal) or 24% (excess ITC) per annum.

Tax Amount Delayed (₹)

Type of Delay

Due Date of Payment

Actual Payment Date

Section 50 interest applies on delayed payment from cash ledger only. Interest on ITC used in credit ledger before actual payment has been a subject of litigation — SC ruled in favour of taxpayers (Union of India v. Refex Industries). The 24% rate applies to excess or wrongful ITC utilisation under Section 50(3).

For general guidance only. Consult your CA for advice specific to your situation.