What is the current rate of interest on late payment of excise duty for the year 2013-14?
3 Replies
Anandan
(HOD accounts)
(502 Points)
Replied 12 November 2013
The current rate of interest on late payment of excise duty is 18% p.a.
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 13 November 2013
yes it is 18% p.a.
vikash
(Chartered Accountant)
(279 Points)
Replied 13 November 2013
Yes. The current rate of interest on late payment of excise duty is 18% p.a.
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