02 June 2016
query regarding service tax, then you have to pay 15% service tax on your charges. and intt will be pay if you not deposit the service tax on or before due date. intt. rate service Tax collected but not deposited to the exchequer 24% Other Cases 15% If in case the value of taxable services of preceding year does not exceeds Rs. 60 Lakhs, then the rate of interest on late payment will be 12%.
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