matter of int. of sales tax
This query is : Resolved
Guest
Guest
(Querist)
20 November 2010
good morning to all expert,
plz tell me to late pmt. of sales tax than int. is 1.25%.now sir plz tell me.as a basic knowledge when i will paid panelty. if i am late to deposit my sales tax return.
regards
raju
plz tell me to late pmt. of sales tax than int. is 1.25%.now sir plz tell me.as a basic knowledge when i will paid panelty. if i am late to deposit my sales tax return.
regards
raju
B R Ramesh
(Expert)
20 November 2010
Hi
the interest is 1.25% P/m calculated after the due date.
& penalty is 10 % over the tax liability
the interest is 1.25% P/m calculated after the due date.
& penalty is 10 % over the tax liability
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