int . on late pmt
This query is : Resolved
rajeev khulbe
(Querist)
06 April 2010
SIR PLEASE TELL ME THE INTEREST OF LATE PMT. OF SERVICE TAX.AS PAR MY KNOWLEDGE THE INT. NOT MORE THAN 2000. SIR IS IT CORRECT.IF WRONG THAN SIR PLEASE CLEAR MY DOUBT.THANKS IN ADVANCE.
06 April 2010
13% P.A.
CA Ashok Kumar Sahu
(Expert)
06 April 2010
INTEREST RATE IS 13% PA,
NO PROVISION THAT THE INT. NOT MORE THAN 2000.
NO PROVISION THAT THE INT. NOT MORE THAN 2000.
06 April 2010
13% and should not exceed 2000.
CA Ravi Sisodia
(Expert)
06 April 2010
Agree, 13%p.a.
Mukesh Chhangani
(Expert)
08 April 2010
Interest rate u/s 75 of Finance ACt, 1994 is 13% p.a. there is no provision for maximum interest to be charged as Rs.2000. Such Maximum provisions are there for Penalties and that too Rs. 5000.
CMA Ramesh Krishnan
(Expert)
08 April 2010
agree 13%
CA Ravi Sisodia
(Expert)
08 April 2010
13% p.a.
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
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Import of Capital Machine
- Capital gain on commercial property and investment in residential property
- TDS Return Statement Status
- Rent agreement of House of deceased person
- ARCA LOGIN
- Closer of business and itc of capital goods
- Rectification under processing even after 6 months cpc portal
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
