calculation of cst


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Guest (Querist)
12 November 2010 sir clear my this query -sir plz tell me the calculation of cst int.rate is 1.25%.supose i m late & i m deposit it after 3 days(after due date) than how i do calculate it.my cst for the month of october is 989111 i m late to deposit only 3 days.than how i will calculation of this.plz tell me calculation
989111*1.25/100*3/365-102
is it right or wrong
or
989111*1.25/100-12364
is it right or wrong
plz reply so soon

S. Karthi (Expert)
12 November 2010 You have to pay as per 989111 x 1.25% = 12363.89, oct = 31 days. so, 12363.89 / 31 days x 3 days = 1196.51 pay this liable.


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