” Please be informed that a penalty will be imposed on any failure / late payment of tax which will be calculated in the Taxpayer Access Point with effect 1 March 2017 starting from taxable period ending on 31.01.2017. ”
Further details please refer to: http://bit.ly/2npObXp
In a simple word, GST Registrar are advice to make payment at least one week before end of the month in order to avoid any late payment penalty, as the bank also takes time to process payment.
Please contact us for more details if you wish to know more how can we help you with GST compliant Accounting software.