we had collected service tax along with fee in 2008 but the same was not paid since the fee was not appropriated. Service tax was paid as and when the fee was booked by the organization and a part of the loan was also sold along with fee plus service tax. Now we have a small amount lying unbooked if the same is booked as fee how will the service tax plus penalty/interest be calculated. adn will the amount relaesed to other organization at the time of sell down reduced from tax liability or do we pay interest/panalty on total amount.
) now 
