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Interest Rate on late depsoit of Service tax

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24 July 2008 Please let me know what the interest rate will be charge in case of late deposit of service tax?

and also any interest or penalty will be allowed expenditure on late deposit of service tax, TDS or return filing.
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Sanjeev Kumar

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Sanjeev Kumar (Expert)
28 July 2008 intt. rate on late payment of service tax is @13%p.a. which is to be calculate on total day of delay
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