if we couldn't to pay NBT on time how is the panelty chrge by IRD?

asked Nov 25, 2017 in NBT by Anusha

1 Answer

0 votes
answered Dec 23, 2017 by Sahan321 (3,060 points)
For NBT, penalty provisions of the inland revenue act will apply. i.e.

10% if delay is less than one month
2% for every additional month

However maximum penalty is 50% of the total
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