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matter of cst calculation

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Guest

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11 November 2010 sir clear my this query -sir plz tell me the calculation of cst int.rate is 1.25%.supose i m late & i m deposit it after 3 days(after due date) than how i do calculate it.my cst for the month of october is 989111 i m late to deposit only 3 days.than how i will calculation of this.plz tell me calculation
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CA.Madhusudan B.P.

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CA.Madhusudan B.P. (Expert)
11 November 2010 Interest for one month @ 1.5 %Rs.989111*1.5% = 14837
So including interest, the amount to be payable is Rs10,03,948/-

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