Interest rate for late payment of service tax
This query is : Resolved
06 September 2012
Dear Sir,
Please help me for what is the rate of interest for late payment of service tax and how to calculate we want to payment of service tax deposite with interest for last two months
Please help me for what is the rate of interest for late payment of service tax and how to calculate we want to payment of service tax deposite with interest for last two months
06 September 2012
18% per annuam and interest will be caculated on day bisis.
suppose your st depost date was 06.08.2012 and you have deposited is on 10.08.2012 then you will liable to pay interest for 4 days.
suppose your st depost date was 06.08.2012 and you have deposited is on 10.08.2012 then you will liable to pay interest for 4 days.
06 September 2012
Thanks sir but please tell me how to calculate it
06 September 2012
no of days default /365 x18/100x 1mount of default = amount of interest
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Gift Received from nonblood relative
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- Section 50-fixed asset-->building ceases to exist
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
