Delay in payment of service tax

This query is : Resolved

CA Pramit Mishra (Querist)
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01 April 2009 Dear Group Members,
We forgot to pay service tax liability for the month of march 09 which was to be paid upto 31st march 09. Can any one tell me about the INTEREST & PENALTY consequences separately.

Dayal

Dayal (Expert)
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01 April 2009 Interest applicable @13% per annum and penalty is 2% per month

However penalty may be waived, if paid on your own and can be debated.

Interest is must to pay

Tushar Yerawar

Tushar Yerawar (Expert)
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01 April 2009 Just pay with interest no penalty will be levied.

CA Pramit Mishra

CA Pramit Mishra (Querist)
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03 April 2009 Thank you, Dayal & Tushar. There is one more Issue. Actually we had applied for registration and charged for Servive tax on A/F status. We haven't got Registration No. Yet payment. What will be the manner of payment then????

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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03 April 2009
Without a service tax registration you should not collect service tax. When you have applied especially service tax number will be given on same day unless and until there is some documents or information is missing. I think you have not folled up with the department.

Kidly follow up with the department and ge the number and pay immediately. The bills which you have raised and given to persons cannot claim input benefit because you are not authorised issue service tax bill.

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