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I am late for deposit the service tax about 120 days. the
amount of S.T. is 48115 What is the Intrest on 48115.

Answer Posted / narender negi

Interest calculation of 120 day will be:
{(48115*13%)/365}*120= Rs.2056

However interest will be Rs.2056/-

Is This Answer Correct ?    15 Yes 1 No



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