Hi Friends
Pls. provide me xls. file for calculation of interest & Penalty oo delayed payment of MVAT?
Is interest calculated for full month or on number of delayed days?
Pls. advise.
Regards
Sanjivkumar Shah (Account Manager) (286 Points)
28 May 2011
Hi Friends
Pls. provide me xls. file for calculation of interest & Penalty oo delayed payment of MVAT?
Is interest calculated for full month or on number of delayed days?
Pls. advise.
Regards
Devendra
(Chartered Accountant)
(4775 Points)
Replied 28 May 2011
Interest is calculated on the delay in number of days.
Regards,
Devendra