Interest on late payment of service tax

No sir... Any penalty or penal charges shall be disallowed...

agree with him, not allowed

Interest is Allowed as per Section 37 because it is of compensatory nature but penality will not allowed........

Thanks

yes penalty is not allowed but interest is allowed

if there is any late payment of service tax is there any Interest on Service tax

Kiran,

Interest is levied @ 13% pa on late payment of service tax.