late payment


This query is : Resolved 

16 March 2010 I pay service tax of rs 1 lac on 10 march which was due date cheque bounce and i redeposit it on 15 march hou much interest and panlty raise for that ?

16 March 2010 1,00,000 X 13/100 X 5/365 is the interest.

16 March 2010 No penalty on late payment in your case only pay interest as suggested by B.Chackrapani Warrier.

16 March 2010 agree with experts


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