Due date, interest & penalty

This query is : Resolved 

22 March 2014 what was the due date foe payment of service tax for the quarter ended on 31.03.2012, rate of int. applicable for delayed in payment & panelty for the same

22 March 2014 Due date for payment was 31.03.2012 itself. Interest rate of 18% per annum is payable for late payment of Service Tax. For the assesses having less than 60 lakh Taxable Service, interest rate is @ 15%. Interest to be calculated on days basis from the due date till actual date of payment.


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