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Sevice tax interest calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 August 2015 Dear expert
assume in first Quarter my ST liability was 100000/- but i have deposited this amount by 10 july 2015, that means 4 days late, the interest which i have calculated under below...... 100000*15/100*4/365 = 164.38

please tell me is this correct calculation


plz reply
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
31 August 2015 Yes, interest calculation is correct.

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