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Sr. No.

Grace period (days)

Penalty charges flat amount (Rs)

 

 

 

Sr. No.

Penalty based on (Bill amount/Balance pending)

Grace Period (days)

Penalty (%)

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  • Sr.No. : Defines the serial no of the line item.

  • Grace period : After the bill is generated, certain days are provided to the citizen for making the payment.

  • Penalty charges flat amount : If penalty is not levied on percentage basis, it is generally a flat fee which is penalty charges amount

  • Penalty based on : Penalty can be a certain percentage of the bill amount or balance pending, if partial payments are made against the bill.

  • Penalty (%) : Penalty is calculated as a percentage amount based on either Bill amount or Balance pending

Steps to fill this data

  • Get information about the type of penalty calculation logic that is followed

  • Get information about the grace period

  • Get information about flat fee(if applicable), penalty percentage, and what is penalty based on

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