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Sr. No. | Grace period (days) | Penalty charges flat amount (Rs) |
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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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