How do calculate Service tax Penalty

This query is : Open

jeyakumar (Querist)
Follow

20 January 2010 Dear sir
we have one small doubt, we aren't paid service tax for last Ten months, Now we need impormation how do calculate service tax penalty.pls give detail.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

20 January 2010 You need to calculate the Interest of 13% per annum and Penalty of Rs.200 per day during the such delay continues or 2% of such tax per month which ever is higher

Message likes : 1 times

Vipin Kumar

Vipin Kumar (Expert)
Follow

25 May 2011 ST Received Reciept Dat Due Date

07725 12/10/2010 05/11/2010
07725 25/11/2010 05/12/2010
08549 05/12/2010 05/01/2011
13493 03/02/2011 05/03/2011
15141 04/03/2011 31/03/2011

in above case what will be the penalty????

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Aniruddha Mody

Rampal Saini

Jitin Aditya Kapur

Amirthalingam

George Innocent

Subscribe Now

How do calculate Service tax Penalty

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA