Rules for Interest Calculation
HANNAN SHAIK (291 Points)
07 January 2019
Sir, Is interest payable on Net of input tax credit or on total tax payable??? plz clarify..
HANNAN SHAIK (291 Points)
07 January 2019
RAJA P M
("Do the Right Thing...!!!")
(127911 Points)
Replied 07 January 2019
HANNAN SHAIK
(291 Points)
Replied 07 January 2019
RAJA P M
("Do the Right Thing...!!!")
(127911 Points)
Replied 07 January 2019
CA Roopa Nayak
(Specialized in Indirect Taxes)
(6496 Points)
Replied 07 January 2019
As per proposed amendment, interest is to be paid on net tax[net of ITC]
pritesh
(CA Final student)
(7101 Points)
Replied 08 January 2019
HANNAN SHAIK
(291 Points)
Replied 08 January 2019
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