Interest on late filing how to determine
This query is : Resolved
06 October 2016
hi to everyone
i have a small doubt in regarding service tax
being a service tax holder i have to pay service tax but tell me the provision for the interest of late filing
my query here is my total output is 60000 on due date 5/05/2015
and input claim is 50000
can be interest attract on the balance 10000 amount or the amount of whole service tax amount 60000
please update in this regard
i have a small doubt in regarding service tax
being a service tax holder i have to pay service tax but tell me the provision for the interest of late filing
my query here is my total output is 60000 on due date 5/05/2015
and input claim is 50000
can be interest attract on the balance 10000 amount or the amount of whole service tax amount 60000
please update in this regard
Sandeep Dharar
(Expert)
07 October 2016
Interest is applicable only on the Service Tax Liability part. So Interest will b applicable on 10K as per ur case. Remember the due date for payment is 6th of net month(7th for online payment), and 31st march.
Sandeep Dharar
(Expert)
17 October 2016
Ur welcome dear, if u like my query then show ur appreciation by hitting the thanks button.
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