Hello,
I want to know about the procedure of calculating interest on delay in deposit of Monthly VAt?
whether it is calculated month -wise or Day-wise?
1 Replies
Purvesh G. Ganatra
(Tax Advocate)
(258 Points)
Replied 03 September 2009
Sir,
In the gujarat state is calculated on day basis the rate of interest is @ 18%.
Regards
Purvesh
M :- 9825553344
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