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Interest on delayed payment of service tax

This query is : Resolved 

23 March 2017 Whether interest on delayed deposit of service tax needs to be bifurcated into interest relating to basic service tax & interest pertaining to cess, Please provide clarification,

Further in case of payment of service tax on reverse charge mechanism whether concessional rate of interest of 21% can be availed it the value of services taxable under reverse charge doesnt exceed 60 lakhs

23 March 2017 1. Bifurcation required while making online payment.

2. 3% concession can be availed.



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