DEAR SIR,
PLEASE TELL INTEREST RATE OF LATE PAYMENT OF SERVICE TAX FOR FY 2012-13.
IF POSIBLE ALSO TELL NOTIFICATION NUMBER?
THANKING YOU,
Rakesh Patel (ACCOUNTANT) (109 Points)
12 November 2012DEAR SIR,
PLEASE TELL INTEREST RATE OF LATE PAYMENT OF SERVICE TAX FOR FY 2012-13.
IF POSIBLE ALSO TELL NOTIFICATION NUMBER?
THANKING YOU,
Neha sharma
(-)
(1257 Points)
Replied 12 November 2012
As per Notification No. 14/2011 dated 01/03/2011, the Interest on Late Payment of Service Tax has been increased from 13% to 18% p.a.
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