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interest calculation is to be done day wise or month wise ?
i am paying july month 3b today so interest have to be calculated day wise or whole month wise. for e.g if the tax payable igst is 80,752 interest calculated 18% p.a comes to 1211. for a month so should i calculate for the month or day wise ?
Replies (2)
interest to be calculated on no of days
Yes day wise.....
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