what is the rate of interest for Non receipt of form 12A
NON RECEIPT OF FORM 12A
ranjit kunar
Confusion Arises Over Form 12A Applicability and Interest Rate in Central Excise vs. Income Tax Contexts A query was raised regarding the interest rate applicable for the non-receipt of Form 12A in the context of Central Excise. One respondent requested clarification about the form, noting its absence in a well-known Central Excise manual. Another respondent suggested that the query might relate to the Income Tax Act rather than Central Excise. The discussion highlights a potential confusion regarding the applicability of Form 12A between different tax regulations. (AI Summary)