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 accrues from the due date at a prescribed notified rate and covers undue input tax credits.</h1> Persons liable to pay tax must pay interest for the period tax remains unpaid at a rate notified by the Central or State Government on the Council's recommendation; interest runs from the first day the tax was due. Interest also applies to undue or excess input tax credit claims and undue or excess reductions in output tax liability, payable at the prescribed rate and computed as prescribed.
TaxTMI 
TaxTMI 
