Hi |
Could anybody tell me what is the rate of interest on delayed payment of VAT 100 |
Also, please send me the interest and penalty schedules/chart for delayed payments of all statutories. |
Thank you |
Vinay |
VINAY KUMAR (CONSULTATANT) (24 Points)
12 December 2011Hi |
Could anybody tell me what is the rate of interest on delayed payment of VAT 100 |
Also, please send me the interest and penalty schedules/chart for delayed payments of all statutories. |
Thank you |
Vinay |
praveen
(Chartered Accountant)
(6971 Points)
Replied 12 December 2011
1% per month or part of the month. I suppose VAT 100 is for Karnataka .