https://www.taxtmi.com/acts?id=30220 A person liable to pay tax who fails to pay within the prescribed period must pay interest for the period unpaid at a rate, not exceeding eighteen per cent, as notified by the Government on the Council's recommendations, calculated in the prescribed manner from the day succeeding the due date. Undue or excess claims of input tax credit under section 42(10) or undue excess reductions in output tax under section 43(10) attract interest at a rate, not exceeding twenty four per cent, as may be notified by the Government on the Council's recommendations. en-us Sat, 08 Jul 2017 18:29:03 +0530 Tue, 18 Jul 2017 13:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30220 A person liable to pay tax who fails to pay within the prescribed period must pay interest for the period unpaid at a rate, not exceeding eighteen per cent, as notified by the Government on the Council's recommendations, calculated in the prescribed manner from the day succeeding the due date. Undue or excess claims of input tax credit under section 42(10) or undue excess reductions in output tax under section 43(10) attract interest at a rate, not exceeding twenty four per cent, as may be notified by the Government on the Council's recommendations. Act-Rules GST - States Sat, 08 Jul 2017 18:29:03 +0530 https://www.taxtmi.com/acts?id=30220