What is interest provision for raising of debit notes for differential CST on account of non submission of C form ?
e.g
date of invoice : 28.06.2011
C form not received from purchaser till 31.03.2012 and accordingly debit note raised on 31.03.2012 and amount paid to government on 10.04.2012. How much interest to be paid ?
till what time the differential tax could be paid without any Interest ?
A Haque.