Int., on service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2011
Dear Experts
If we are paying int of 3years i.e 2008-09 09-10 10-11 including this period. we are paying int amt in this month which % 18% or 13% (before 1.4.2011 18 or 13% )
thks in advance
If we are paying int of 3years i.e 2008-09 09-10 10-11 including this period. we are paying int amt in this month which % 18% or 13% (before 1.4.2011 18 or 13% )
thks in advance
14 December 2011
Upto 31/03/2011 interest rate was 13%. From 1/4/2011 rate of interest is 18% if gross turnover is more than Rs. 60 lakhs per annum or else it is 15%.
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