TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Interest on delayed payment: unpaid tax attracts notified interest from the date it became due; excess input tax claims also incur interest.</h1> A person who fails to pay tax within the prescribed period must pay interest on the unpaid tax for the period it remains unpaid at a rate notified by the Central Government on the Council's recommendation; interest is calculated from the first day the tax was due. An undue or excess claim of input tax credit under the CGST provision attracts interest at the prescribed rate for the period computed as prescribed.
TaxTMI 
TaxTMI 
