"the appropriate tax authorities, in addition to setting a new time limit for tax payment, shall surcharge overdue payments at0.5% of the overdue tax for every day in arrears, starting from the first day of default."
Hundreds of farmers have rallied outside Thailand's Justice Ministry in the capital, Bangkok, to demand overdue payments for rice sold in a controversial rice subsidy program.
"Overdue charge rate" means the rate of interest which applies to overdue payments or any amount owing in excess of a limit as set out in Loan Agreement.
The main office is really going to town on collecting overdue payments.