As per Notification No. 13/2017 Dated 28/06/2017 by Central Board of Excise and Customs Interest Rates under Central Goods and Service Tax Act , 2017
1. Delay payment of Tax - 18%
2.Contravention of Input Tax Credit of the recipient in his return - 24%
3. Contravention output tax liability of the supplier in his return - 24%
4. Interest payable on Refund in respect of Appeal - 6%
5. Interest Payable on delay payment of refund - 6%
6. Delay payment of Interest on refund Order passed by Appellate Authority or Appellate Tribunal or court - 9%
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1. Delay payment of Tax - 18%
2.Contravention of Input Tax Credit of the recipient in his return - 24%
3. Contravention output tax liability of the supplier in his return - 24%
4. Interest payable on Refund in respect of Appeal - 6%
5. Interest Payable on delay payment of refund - 6%
6. Delay payment of Interest on refund Order passed by Appellate Authority or Appellate Tribunal or court - 9%
To Follow Us on Facebook Click Here
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