Works Contract Tax is required to be ddeducted as per Section 31 of MVAT. The payment is required to be made within 21 days from the end of the month in which WCT TDS is deducted. Please tell what is the rate of interest if WCT TDS is deducted but not paid within 21 days and it is delayed.
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Rate of Interest for delayed payment of Works Contract Tax
Replies (6)
work contract tax interest rate
dear team
we are require wct late payment interst rate.
Interest rate is 15% p.a.
Sir Can u say the late fee calculation for Work Contract TAx in Tamilnadu ..Percentage rate for delay payment
delayed payment of WCT in Telangana what is the rate of interest we have to pay. kindly reply
delayed payment of WCT in Maharashtra what is the rate of interest we have to pay. kindly reply Read more at:
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