Whats the interest rate for late payment of tax under dvat?

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CA Abhinav

CA Abhinav (Querist)
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27 March 2016 Hi,

Can someone please update me regarding the interest rate for late payment of tax under DVAT?

CA ANKIT GUPTA

CA ANKIT GUPTA (Expert)
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12 April 2016 Abhinav

Rate of Interest levied for non payment of DVAT within the stipulated time is 1.25% per month.

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