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Payment

This query is : Resolved 
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(Querist)
07 September 2011 Dear Sirs,
I want to know what is the interest rate in excise for delay payment

Thanks
Panduranga
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
07 September 2011 WEF 1.4.2011 the rate has been enhanced from 13% to 18% per annum. If the same relates to taxes collected and not paid then the penalty could also be involved.
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