Interest on late payment

This query is : Resolved

jagadesh kotipalli (Querist)
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29 June 2017 dear sir,
if iam claiming Input service tax and krishi kalyan cess.
am i required to pay interest on gross amount or net amount (after claiming input credit)??

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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29 June 2017 Interest has to be calculated on the NET AMOUNT.

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