Interest on vat payment

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Nitin Khaire (Querist)
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21 January 2016 Sir

My sales tax of December due date is 21st Jan if i did not paid then how many interest i want payable.

KAVIRAJA ADDANGADI (Expert)
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21 January 2016 Normaly 1.5% P.M & You are also liable to pay Penalty 10% , but you have not mentioned which state you have registered VAT?

Nitin Khaire (Querist)
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21 January 2016 My Vat Registration state is Maharashtra.If I paid Vat 30th Jan then as per 1.5% interest how many month i will count.

KAVIRAJA ADDANGADI (Expert)
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21 January 2016 2 months interest you have to pay.

Nitin Khaire (Querist)
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21 January 2016 Thank you sir
and what about penalty

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