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%

  1. Indirect Tax
  2. Amendments Indirect Tax for May 2017 Exams

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.