wat is the rate of interest for default in deposit of cst & dvat
2 Replies
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 09 November 2008
Now, under sub section (2) of section 42 of the Delhi Value Added Tax Act-2004, a person defaulting in payment shall pay an interest at the rate of 15 per cent in addition to the amount of tax due to him
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