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    <title>Interest on delayed payment of tax.</title>
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    <description>Tax not paid within the prescribed period attracts interest at a Government-notified rate (not exceeding eighteen per cent), calculated from the day after the tax was due; undue or excess claims of input tax credit or undue or excess reductions in output tax liability attract interest on the amount of such undue or excess claim or reduction at a notified higher rate (not exceeding twenty-four per cent).</description>
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      <description>Tax not paid within the prescribed period attracts interest at a Government-notified rate (not exceeding eighteen per cent), calculated from the day after the tax was due; undue or excess claims of input tax credit or undue or excess reductions in output tax liability attract interest on the amount of such undue or excess claim or reduction at a notified higher rate (not exceeding twenty-four per cent).</description>
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