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Interest rate on TCS Not charged on Invoice

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(Querist)
22 February 2022 What is interest rate on TCS Not charged , now i want to pay with Interest. What will be the interest rate . I Have deposit Interest rate @ 1.5 on TCS amount is correct .or Not.
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B Sathyanarayanan

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B Sathyanarayanan (Expert)
23 February 2022 you have with 1.5% interest if you have deducted and not paid .if non deduction it is 1% .

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