Calculation on s.tax interest
This query is : Resolved
06 September 2013
If I pay Rs.84,797/- service tax of 1st quarter on 07.09.2013, then how much interest/penalty have to pay on such amount @ 18% interest rate and how(Proprietorship Firm)??????
06 September 2013
Dear Sanjana,
There is a delay of 69 days (31 + 31 + 7) and thus interest will be payable at 18%p.a for 69 days. Which comes to Rs. 2885.
This amount can be paid by a normal challan. Select interest in the options in the challan
- Ankit
There is a delay of 69 days (31 + 31 + 7) and thus interest will be payable at 18%p.a for 69 days. Which comes to Rs. 2885.
This amount can be paid by a normal challan. Select interest in the options in the challan
- Ankit
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- Ito add credit side of bank
- GSTR9 Annual Return
- Form 144 TDS Return Validation error
- GST ITC as per notification 12/2023- central tax
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Gift to nri relatives resides in usa
- Form 144 TDS Return Validation Error – Mandatory Fields
- LLP audit and disclosure
- Capital gain on commercial property and investment in residential property
- Import of Capital Machine
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
