Calculation of interest on late payment of gst tax
This query is : Open
20 September 2017
Please let me know the calculation of how to calculate interest on late payment of gst tax..?? Per Day basis or Monthly Basis.
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20 September 2017
Interest calculated in day wise. Also following way...
Payable Amount * 18% / 365 * No of days.....
this is 18% p.a....
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28 September 2017
Thanks a lot Sir
28 September 2017
Thanks a Lot sir
28 September 2017
Thanks a Lot sir
28 September 2017
Thanks a lot sir
19 November 2017
Day to be start from Which date ? 20th of next month ?
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19 November 2017
If payment due date is 20th of the next month* and we can't on or before 20th then we ll be pay interest from 21st of the month to payment made on the date...
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