calculation Of Interest on service tax

This query is : Resolved 

06 February 2009 my Company is advertsing Company , no pay service tax amount from F. Y 2006-07 from month oct 2006 to till now . how to calculate Interset

06 February 2009

06 February 2009 It is @13%P.A. It is calculated as under
Service tax *13* No of days delayed (Date on which service tax is paid & Date on which service tax is required to be paid )/36500

07 February 2009 Also Penalty of 2000/- per return will have to be paid per return.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query