Inerest on late deposit
This query is : Resolved
Vicky Shah
(Querist)
13 September 2013
My service tax liability are as under:
April-June:- 36967
July-Sept :- 44974
Oct-Dec :- 28862
Jan-March :- 54983
Payments made for service tax are as under:
DATE AMOUNT
29/05/2012 :- 25000
16/02/2013 :- 40000
30/03/2013 :- 50000.
Rate applicable is 15%.Pls help in the calculation...
April-June:- 36967
July-Sept :- 44974
Oct-Dec :- 28862
Jan-March :- 54983
Payments made for service tax are as under:
DATE AMOUNT
29/05/2012 :- 25000
16/02/2013 :- 40000
30/03/2013 :- 50000.
Rate applicable is 15%.Pls help in the calculation...
CA Kintal Shah
(Expert)
14 September 2013
From Due date calculate number of days till payment. on the basis on no of days calculate interest @15% as applicable.
If part payment is made in between then you need to reduce that amount from that day onwards.
PS: Days starts from Next day after due date and includes date of paymnent.
If part payment is made in between then you need to reduce that amount from that day onwards.
PS: Days starts from Next day after due date and includes date of paymnent.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- ETDS return q4 25-26
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
