can we make payment in cash ??

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CA Abhishek Singh (Querist)
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22 April 2011 can we make payment of service tax in cash ?? also let me know the interest of late payment of service tax. i have heard that it has been increased from 13% to 18% w.e.f. 01/04/11.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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22 April 2011 Service tax late payment interest incresed from 13 to 18 % with effect from 1.4.11 wide notification no.14/2011-ST dt:1.3.11

Service tax need to be paid by e payment

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 April 2011 e payment is mandatory for those covered under notification 1/2010 dated 19/2/2010. For others ST can be paid in cash also as a corollary to the referred notification.

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