c form issue

If you not recd. C-Forms then you have to deposit diffrence amount @ 10.50% (12.50-2) with interest

kindly let me know the rate of interest that has to be charged ?

Originally posted by : Deepak Tapse
	If you not recd. C-Forms then you have to deposit diffrence amount @ 10.50% (12.50-2) with interest

In Maharashtra, 1.25% pm.

Is there any other penality beside this interest ?

Originally posted by : Deepak Tapse
	In Maharashtra, 1.25% pm.

If "C" is not received then you have to pay differential tax i.e. (10.5%) with Interest. No penalty would bve levied besides interest.