matter of calculation of cst

This query is : Resolved

Guest

Guest (Querist)

11 November 2010 sir plz tell me the calculation of sale tax monthly pmt. int.rate is1.25%.supose i m late &i m ; deposit it after 1 days than how i do calculate it.my cst for the month of october is 989111 & i m late to deposit only 1 days( after due date).than how i will calculation of this

B R Ramesh

B R Ramesh (Expert)
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13 November 2010 Hi

see the interest rate is 1.25% per month

therfore you cant calculate per day.

or for 1 day you need to pay 12363/-

therefore better you consult with the officer in the dept.

he will give you some concession.