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How to calculate interest on late payment of vat

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(Querist)
26 January 2014 how to calculate interest on late payment of VAT
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
26 January 2014 From the date of levy i.e. order date/servicing date,or date is due to be paid i.e.return filing last date,21.5%/pm or part thereof till it is paid.....mjk

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