Delhi HC Rejects Plea Against BCCI Team Named 'Team India', Terms it a Sheer Waste of Time  ||  Bombay HC: No Absolute Right for Citizens to Access Public Offices  ||  Delhi HC: Suit Withdrawal After Compromise Doesn’t Result in Executable Decree  ||  Delhi HC: ITSC Abolition Doesn’t Void Settlement Pleas Filed Between Feb 1–Mar 31, 2021  ||  Rajasthan HC: State Must Set Up Trauma Centre, Art Institute; Temple Board Can Only Assist  ||  Kerala HC: LIC Cancer Cover Starts From First Diagnosis After Waiting Period, Not Expert Opinion  ||  Kerala HC: Spouse’s Ill Treatment of Children is Cruelty under Section 10(1) Divorce Act  ||  Supreme Court Acquits Chennai Man Sentenced to Death in Child Rape-Murder Case  ||  SC: Only Disclosure Leading to Weapon Recovery Admissible under Section 27 Evidence Act  ||  Supreme Court Orders Strict Enforcement on Helmets, Lane Discipline & Headlight Use    

#GST Rollout: 18% Interest for Non-payment of Tax, 24% for Excess Claim of ITC - (30 Jun 2017)

Central Government has notified rates of interest to be paid under CGST Act. Persons who fail to pay tax under CGST Act would be liable to pay interest at rate of 18%. For Excess Claim of Input Tax Credit, Excess Reduction in Output Tax Credit, interest shall be 24%.

Tags : GST ROLLOUT   GST DAY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved