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Late payment interest rate.

This query is : Resolved 
 


Querist : Anonymous (Querist) 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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