09 July 2020
Net Tax Payable shall be: Total Output Tax Liability- Total Input Tax Credit (for respective months) and the interest shall be levied on the net tax payable
09 July 2020
18% p.a But if return is filed according to the recent notifications during the corona pandemic, it will change. I mean there are less rate of Tax@9% if notifications are complied.
CAclubindia
