Default in payment of interest on service tax
This query is : Open
02 July 2016
For what period will the interest on service tax be calculated if the assessee has made the late payment of service tax but didn't pay the interest amount along with it?
04 July 2016
Interest is payable only for the period under default. Once you discharge your service tax liability. you will be liable to pay the interest only for the period upto date of payment of tax.
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