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Interest calcu.

This query is : Resolved 
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(Querist)
17 October 2011
Dear Expert.

We need to pay the liability from last 2 years of services tax, now I am going to make calculation of interest

Before April 2011, the Interest Rate was 13% and now the rate is 18%, so the Interest calculation will be calculated on 18%

OR

Need to calculate the Interest with 13% till March 2011, and after that 18%.

Please suggest
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
17 October 2011 Choose the 2nd option cited by you.
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