Vat return revise

This query is : Resolved

harish (Querist)
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17 January 2009 Dear Sir,

I am working in company as an accountant and return filling on quartely basis and when i filled my VAT & CST return i got some defect, wrongly i mis calculte VAT & CST both. 3 bills are pending to be enter
now so i want revise my vat & cst return and i want pay balance VAT & CST amount with intrest.

WHAT IS THE RATE OF INTREST OF VAT AND CST TO BE PAYABLE ON PENDING AMOUNT.

THANKING YOU
HARISH
09313022338

Jagdish Bhalia

Jagdish Bhalia (Expert)
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17 January 2009 U have to Pay interest 1% per month on the balance amount.