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Lt Payment of Service Tax

This query is : Resolved 
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(Querist)
12 September 2008 I have collected service tax during f.y 2007-08 but I have failed to remit the same to the goverment. I have already filed my Service Tax Return and time period to file revised return has already been lapsed , than what is the remedy available for me .
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Nirav Vora

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Nirav Vora (Expert)
12 September 2008 YOU NEED TO PAY SERVICE TAX ALONG WITH THE INTEREST AT THE RATE 13% p.a.

PENALTY UNDER SECTION 76 WILL BE IMPOSED ON NON PAYMENT OF SERVICE TAX.
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