Interest payment
This query is : Resolved
Srimannarayana
(Querist)
27 June 2016
Dear Sir
1) I have paid Service Tax Interest for one bill but I did not bifurcate the Cess Interest part total has paid into Interest Account.
2) Now I am going to pay another bill for this also I have to pay Interest Can I reduce the Interest part in this bill because I have paid more amount earlier bill and pay Cess Interest in this payment for earlier bills with second bill Cess Interest?
1) I have paid Service Tax Interest for one bill but I did not bifurcate the Cess Interest part total has paid into Interest Account.
2) Now I am going to pay another bill for this also I have to pay Interest Can I reduce the Interest part in this bill because I have paid more amount earlier bill and pay Cess Interest in this payment for earlier bills with second bill Cess Interest?
Rupesh Jain
(Expert)
27 June 2016
for deptt purpose they automatice adj the excess amount for intt. liability.
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