Is any interest levied if the time allowed for the deposit of compounding charges is extended beyond one month from the end of the month of intimation of compounding charges?

Ans. The applicant shall be liable for payment of the following interest:

Period of delay	Interest
Up to 3 months	1% per month or part of the month on the unpaid amount of compounding charges
Beyond 3 months	2% per month or part of the month on the unpaid amount of compounding charges​

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