https://www.taxtmi.com/acts?id=23190 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. en-us Mon, 28 Nov 2016 11:23:14 +0530 Mon, 28 Nov 2016 17:04:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23190 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. Act-Rules Bills Mon, 28 Nov 2016 11:23:14 +0530 https://www.taxtmi.com/acts?id=23190