Interest
This query is : Resolved
01 January 2014
WHAT IS THE CONSEQUENCES IF ASSESSEE PAY THE AMOUNT OF SERVICE TAX WITHOUT PAYING INTEREST PAYABLE THERE ON ?
Arun Kumar Singh
(Expert)
01 January 2014
If you have not paid the interest then department can demand the interest with penalty.
01 January 2014
MAY I KNOW WHETHER ITS REFERENCE IS GIVEN IN ANY PROVISION(SECTION) OF THE ACT?
Nikhil Kaushik
(Expert)
02 January 2014
i fail to understand this whole system of asking queries for reference to provisions!!
the interest liability is there. and it is payable whether or not department ask for it or not.
the interest liability is there. and it is payable whether or not department ask for it or not.
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