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VAT - Highlights / Catch Notes

Home Highlights January 2021 Year 2021 This

Rate of interest on delayed payment of VAT / Tax - the rate of ...

Case Laws     VAT and Sales Tax

January 20, 2021

Rate of interest on delayed payment of VAT / Tax - the rate of interest is scaled down to 6% per annum for the period during which the writ petitions were pending before this Court. The petitioner of course has to pay at the statutory rate of interest for the period before filing of the writ petitions and for the period commencing from the date of disposal of the writ petitions till the date of payment. - HC

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