Every factory having valid licence for 2013 onward, must pay their difference fee due to increase for 2013 and onward period before Oct, 2012 to the department without any late fee.
Late fee is applicable on 5% base from November, 12 onward for every month with maximum late fee of 25%.
The late fee is applicable i.e. for 2013 at present only, if delayed beyond Oct, 12.
The chart shows the old rate and slab with new rate and slab and the difference for a year basis for easy use.
23rd September 2012 From India, Mumbai
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