Interest on late payment is not a penalty under GST. It is a charge levied on the taxpayer for late payment of taxes.

The late filing fee for GSTR-1 is Rs. 100 per day.

The rate of interest on late payment of GST is 18%.

The maximum penalty that can be imposed for non-filing of GST returns is Rs. 10,000.

The penalty for short payment of GST is 10% of the tax amount.

The taxpayer is responsible for paying GST penalties and interest.

GST penalties and interest can be waived only in certain cases, such as where the taxpayer has a reasonable excuse for the late filing or payment.

The time limit for filing an appeal against a GST penalty or interest order is 60 days.

The taxpayer can file an appeal against a GST penalty or interest order.

An appeal against a GST penalty or interest order can be filed with the GST Appellate Tribunal.

The procedure for filing an appeal against a GST penalty or interest order is to file an application with the GST Appellate Tribunal.

The time limit for disposing of an appeal against a GST penalty or interest order is 180 days.

The effect of filing an appeal against a GST penalty or interest order is that the penalty or interest amount will be stayed.

The consequences of not paying GST penalties and interest include arrest, attachment of property, and freezing of bank accounts.

To avoid GST penalties and interest, taxpayers should file GST returns on time, pay GST taxes on time, and keep proper records of GST transactions.