Interest on delayed payment of service tax

This query is : Resolved 

21 October 2011 Respected professional i want to know the rate of interest on delayed payment of service tax and that to be paid on days basis or how?

21 October 2011 rate of interest is 18% per year and its calculated on day basis for the due date of the payment of service tax

21 October 2011 18% simple interest per annum to be calculated on day basis.


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