Late payment of service tax
This query is : Resolved
jaytilak mohanty
(Querist)
30 April 2012
Is late payment of Service tax subject to both Interest and Penalty.
please help.
please help.
CA NIKHIL OZA
(Expert)
30 April 2012
Hi jaytilak,
for late payment only interest is charged...provided they r paid b4 notice from s.tax dept...
for late payment only interest is charged...provided they r paid b4 notice from s.tax dept...
CA Nikhil Jhanwar
(Expert)
01 May 2012
Agreed there is no penalty if service tax paid before issue of Show Cause Notice.
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