THE MAHARASHTRA STATE TAX ON PROFESSIONS TRADES, CALLINGS AND EMPLOYMENTS RULES, 1975.
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Body 11C-1. The rate of interest. -

The rates of interest for the purposes of sub-section (2) of section 9 shall be as specified in the table below:-

TABLE

Sr. No.	Period, liable for interest	Rate of interest
(1)	(2)	(3)
1	Delay upto one month	One and a quarter per cent. of the amount of such unpaid tax, for the month or for part thereof.
2	Delay upto three months	(i) Delay upto one month— One and a quarter per cent. Of the amount of such unpaid tax, for the month or for part thereof, (ii) Delay beyond one month upto three months — One and half per cent. of the amount of such unpaid tax, for each month or for part thereof.
3	Delay more than three months	(i) Delay upto one month - One and a quarter per cent. Of the amount of such unpaid tax, for the month or for part thereof, (ii) Delay beyond one month upto three months - One and half per cent. of the amount of such unpaid tax, for each month or for part thereof, (iii) Delay more than three months - Two per cent. of the amount of such unpaid tax, for each month or for part thereof.