Interest on Late Payment of Excise Duty

Last updated at Dec. 16, 2024 by

Earlier

Interest on Late payment of excise duty was 18%

Now (From 1/3/2016)

Interest payable on delayed payment of excise duty has been reduced from 18% to 15%

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.