Interest rate


Administrative officer

In case of delayed payments/outstanding amount by the Customer to the Supplier, it is mentioned in the agreement that "interest charged will be as per 'Indian legal rate'. Then interest should be charged at what rates ? and as per what guideline/law?

 
 
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"Do the Right Thing...!!!"

As per GST Interest chargeable @ 18%.
 
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Financial

Interest Chargeable @ 18%.

Know more: Interest Rate

 
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