Late Payment Interest also depends upon state to state


Interest Rate in DVAT

In Delhi,if vat is deposited late,then 15% p.a. interest is applicable from due date


For Example



Vat Computation Of March

Output Vat=10000

Input Vat=7000

Vat Payable

Suppose Vat challan of March paid on 10 May

What is interest payable?


View Answer


  1. Tax Practical
  2. Practical VAT CST

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.