https://www.taxtmi.com/acts?id=30394 Every person liable to pay tax who fails to remit tax within the prescribed period must pay interest on the unpaid amount at a rate notified by the Government on the Council's recommendation, not exceeding eighteen per cent, calculated from the day after the due date as prescribed. A taxable person making an undue or excess input tax credit claim under section 42(10) or undue reduction in output tax under section 43(10) must pay interest on the undue or excess amount at a rate notified by the Government on the Council's recommendation, not exceeding twenty four per cent, calculated as prescribed. en-us Mon, 10 Jul 2017 15:02:23 +0530 Sat, 19 Aug 2017 16:11:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30394 Every person liable to pay tax who fails to remit tax within the prescribed period must pay interest on the unpaid amount at a rate notified by the Government on the Council's recommendation, not exceeding eighteen per cent, calculated from the day after the due date as prescribed. A taxable person making an undue or excess input tax credit claim under section 42(10) or undue reduction in output tax under section 43(10) must pay interest on the undue or excess amount at a rate notified by the Government on the Council's recommendation, not exceeding twenty four per cent, calculated as prescribed. Act-Rules GST - States Mon, 10 Jul 2017 15:02:23 +0530 https://www.taxtmi.com/acts?id=30394