|
Time Table For Payment of Tax
| Up to 31-3-2005 |
|---|
| Sr | Class of Registered Dealer | Time limit for payment |
|---|
| 1. |
Whose tax liability is more than Rs. 25000 in a year. |
Within Thirty-three days from the end of the month |
| 2. |
An Oil Miller. |
Within Thirty-three days from the end of the month |
| 3. |
Other Dealers. |
Within Thirty-three days from the end of the the
Quarter |
| From
1-4-2005 |
|---|
| Sr | Class of Registered Dealer | Time limit for payment |
|---|
| 1. |
Whose tax liability is more than Rs. 25000 in a year. |
Within fifteen days from the end of the month |
| 2. |
An Oil Miller. |
Within fifteen days from the end of the month |
| 3. |
Other Dealers. |
Within fifteen days from the end of the the quarter |
| From 4-6-2005 |
| Sr |
Class of Registered Dealer |
Time limit for payment |
| 1. |
Whose tax liability is more than Rs. 25000 in a year. |
Within
Twenty-two days from the end of the month |
| 2. |
An Oil Miller. |
Within
Twenty-two days from the end of the month |
| 3. |
Other Dealers. |
Within
Twenty-two days from the end of the the
quarter |
Interest
For a period up to 31-08-2001
|
1.
|
On
Dues
|
Interest is charged at
the rate of 24% per annum on the amount.
(a) Not paid within the
stipulated time.
(b) Arising in the assessment (Where the dues is
more than 10% of the amount paid with
returns).
|
|
2.
|
On
Refund
|
Interest is paid at the
rate of 14% per annum on the amount arising as refund under the
assessment.
|
From
01-09-2001 continued
|
1.
|
On
Dues
|
Interest is charged at
the rate of 18% per annum on the amount.
(a) Not paid within the
stipulated time.
(b) Arising in the assessment (Where the dues is
more than 10% of the amount paid with
returns).
|
|
2.
|
On
Refund
|
Interest is paid at the
rate of 9% per annum on the amount arising as refund under the
assessment.
|
| 
