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what diff. between panelty and interest in d-vat.what is
the rate of panelty and intrest?
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Answer Posted / rama rao nvs
intrest means whatever we enjoing the credit amount against
that we have to pay actual amount plus additional amount
what % we are decided mutually is called interest.
Where as Panelty we have to pay actual amount, intrest
amount and delay period days amount are called panelty. It
will be lieved on both acutal and Interest.
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