Menu
Service tax on works contract rcm
Payment of service tax was made to a contractor on 30 % of the invoice instead of 35 % in the month of October 2014 under RCM. The same amount was paid directly to service tax dept before 5th of Nov'14.
If the service tax portion on the remaining 5% is paid now, what would be the interest amount to?
Replies (1)
interest will be for the period from November 5th to date at the 18% per annum
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
