Late payment interest code
This query is : Resolved
25 July 2012
Hello,
please guide eligiblle for settoff under MVAT towards purchase of new machinery
please guide eligiblle for settoff under MVAT towards purchase of new machinery
RENGARAJ R.K
(Expert)
02 August 2012
Please see the section 11AB for late payment. It is 18% per annum to be calculated from the date of original duty due to the date of payment.
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