Answer / girish

WCT interest will be calculated as below :

WCT liability*(No. of days delay/2400) or WCT
liability*1.25%/30*no. of days delay in a month.

No. of days delay can be calculated from the due date which
is 20th day of succeeding month from the month of contract
payment.

kindly advise me any set off in excise duty in maharashtra

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