The Government is a Ruling authority for determining Interest rate under GST. So why interest rate is only18% on delay of payment.It can be anything for eg 30%,40%,50% ......
What is the government logic to charging only 18%.
if anyone knows so please share with me.
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Why Government cahrging Interest rate of 18% on delay of payment.
Replies (1)
More than 18% would become highly illogical and not defendable in any court of law.
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