What is the present rate of interest to be paid on delayed payments, please give with relevant notification reference.
CA Aravind Penugonda
(Chartered Accountant)
(311 Points)
Replied 27 January 2016
Dear Mr. Sreekumar,
Present rate of interest on delayed payment of excise duty is 18% p.a. (refer Notification no. 6/2011-Central Excise (N.T.) dt. 01.03.2011)
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
