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![CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/CBIC-Late-GST-payment-tax-liability-Interest-GST-Taxscan.jpg "CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]")
CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified the interest on late GST payments would be applicable only on net cash tax liability...