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Int. on supp. invoice

This query is : Resolved 
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(Querist)
23 March 2016 Dear Sir,

I have raised a supplementary Excise Invoice to my customer on 01-01-2016 but the original Excise Invoice was raised on 01-11-2015 now I have to pay Int. on supplementary Excise Invoice.


Please advice me about the calculation of interest on the same



Thanks & Regards,

Ritesh
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
27 March 2016 Yes, you need to pay duty along with interest on supplimentry invoice at the rate of 18% per annum.

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