Indian Polity · Polity
Under the provisions of the United Provinces Excise Act, 1910, what is the prescribed range of annual interest rates applicable to unpaid excise revenue arrears?
- 125% to 30% per annum
- 218% to 24% per annum✓
- 312% to 15% per annum
- 45% to 10% per annum
Correct answer
18% to 24% per annum
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