SERVICE TAX-interest

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Ayyswariya RG (Querist)
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20 September 2010 Any notifications in service tax related to interest on delayed payments?
Is it the same 13% applicable for nov exam?

Rajan Babu (Expert)
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20 September 2010 Yes. The rate of interest is 13% only. Notification No. 26/2004 ST dated 10.9.2004

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Bhaskaran Chackrapani Warrier (Expert)
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20 September 2010 No change. 13% per annum to be calculated only for the number of days delay.

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Ayyswariya RG (Querist)
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20 September 2010 Thanks a lot Rajan Babu sir and B.Chackrapani Warrier sir

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