WB VAT

WBVAT Interest Calculator

With effect from 01.04.2015 the rate of inter­est under WBVAt on delay pay­ment of tax is as follows :-

Sl. No. Peri­od of delay for which inter­est is payable Rate of interest
1 Up to the first 90 days 1 % per month
2 After the first 90 days and up to 300 days 1.5 % per month
3 After the first 300 days 2 % per month

Ear­li­er to 01.04.2015 the Rate of Inter­est was 12% per annum.

Down­load VAT Inter­est Calculator

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