banner_ad

service tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 February 2009 the assessee comes under works contract fir charging service tax.The return for fin yr 2007-2008 has been filed in aug 25/8/2008. and even the liability of service tax which comes to Rs 380243/-is paid on on 25/8/2008.It is a Pvt Ltd Co.,need to calculate the Interest for thelate payment of the same.Want to know the basis and the amount of Int chargeable.

Regards
Rashmi Poojary
Profile Image

Ram Avtar Singh

Profile Image

Ram Avtar Singh (Expert)
13 February 2009 reply already given
Profile Image

Rajesh Kumar

Profile Image

Rajesh Kumar (Expert)
13 February 2009 The return is for 2007-08. The tax is liable to be paid on 5th of every month and for the month of march, on 31st march. Find payment liability for every month. Find delay for every month. Calculate simple interest for every month. Pay the interest.
Profile Image

rashmi poojary

Profile Image

rashmi poojary (Querist)
13 February 2009 thanks a lot .... this really would help

RASHMI
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
13 February 2009 Interest is to be calculated on the number of days delay only and not month wise.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details