Avail 50% discount on all online CA classes for Nov Exam(access till Nov 20th). Use coupon code NOV15

close x
Home > Experts > Service Tax > Interest rate of service tax delayed payment

Please Wait ..

to your account


Remember Me | Forgot your password?


Sign-up now

Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Alternatively, you can log in using:

Interest rate of service tax delayed payment (Service Tax)

Report Abuse
This query is : Resolved

( Author )
09 April 2012

Dear all,

can anybody send me the recent interest rate of service tax after budget -2012.



CMA. CS. Sanjay Gupta

( Expert )
09 April 2012

No changes.
Interest rate ( As per otification no. No. 6/2011) is 18% p.a on service tax if value of taxable service is more than Rs. 60 Lakhs and if less than Rs. 60 Lakh, you have to pay 15% p.a. interest on service tax if you do not pay service tax within the due date. The new rate of interest of 18% p.a. is applicable from 1st April, 2011.

Mihir Doshi

( Expert )
09 April 2012

Agree with expert

Sandeep Arora

( Expert )
09 April 2012

18 % p.a or p.m ?

Mihir Doshi

( Expert )
09 April 2012

18% per annum

CA Kishore Tallam

( Expert )
09 April 2012

Agree with amit.



You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top