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Interest on delayed payment on Gross or Net Liability - 0 views

www.vsctaxsol.com/...blogdetail gst news gst updates gst blog
shared by VSC Tax Solutions on 21 Feb 20 - No Cached
  • VSC Tax Solutions on 21 Feb 20
     
    Every person who is liable to pay tax in accordance with the provisions and fails to pay such tax shall pay interest on default amount. Further, a taxable person who makes an undue or excess claim of input tax credit shall pay interest on such undue or excess claims.
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