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Panelty or interest on late payment of vat & cst

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(Querist)
10 June 2013
How to calculate interest on late payment of vat & in which rate will we calculate it??

Let's Suppose, if we paid our vat on 08.06.13 For 4th QTR then How much Interest will we Paid.

Please help Me With This Problem.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 June 2013 VAT interest rate will be depend on your local vat act. please refer the same

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