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Late payment interest rate. (VAT)

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This query is : Resolved

Author : Anonymous

( Author )
16 April 2012

Dear Sir/Madam,

What is rate of interest on late payment of MVAT and late filling of quarterly return ?

pls.

Regards,

Rajendra


CA CS Pawan Jajoo

( Expert )
16 April 2012

Its 1.25 % p.m calculated daywise


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