Hi
The below vat interest formula is correct or not
Vat interest = tax amount * (No.of Days / 30 ) * 1.25 %
Hi
The below vat interest formula is correct or not
Vat interest = tax amount * (No.of Days / 30 ) * 1.25 %
Yes. it is correct if the interest rate is 1.25% per month
CAclubindia
