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service tax

This query is : Resolved 

09 August 2009 one person whois rendering taxable services is not charging service tax on bills from thelast 2 to 3 years
what are the consequences for non collection of service tax and whst about interest and penalty.

09 August 2009 The amount collected will be treated as inclusive of service tax.

Interest is mandatory. If tax is paid voluntarily, along with interest, penalty is not attracted.

10 August 2009 Max interest will be Rs.2000/- p.a.




11 August 2009 Interest at present is 13% p.a.



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