https://www.taxtmi.com/acts?id=28863 Where a person liable to pay tax fails to remit tax within the prescribed period, interest is payable for the period the tax remains unpaid at a government notified rate (subject to a statutory ceiling), calculated in the prescribed manner from the day after the due date. Additionally, interest is payable on any undue or excess claim of input tax credit or undue or excess reduction in output tax liability at a higher government notified rate applicable to such excess amounts. en-us Sat, 01 Jul 2017 14:18:35 +0530 Fri, 28 Jul 2017 18:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28863 Where a person liable to pay tax fails to remit tax within the prescribed period, interest is payable for the period the tax remains unpaid at a government notified rate (subject to a statutory ceiling), calculated in the prescribed manner from the day after the due date. Additionally, interest is payable on any undue or excess claim of input tax credit or undue or excess reduction in output tax liability at a higher government notified rate applicable to such excess amounts. Act-Rules GST - States Sat, 01 Jul 2017 14:18:35 +0530 https://www.taxtmi.com/acts?id=28863