SERVICE TAX

This query is : Resolved 

08 April 2009 WHAT IS THE PENALITY FOR LATE DEPOSIT OF SERVICE TAX

WHAT IS THE LAST DATE FOR DEPOSIT OF SERVICE TAX FOR F.Y 2008-09

08 April 2009 penalty is Rs.200/- per day or 2% per month of service tax liability, whichever is higher, but it shall not exceed the service tax amount. last date for deposit for service tax for the quarter/month ended 31/3/09 was 31/3/2009.

10 April 2009 Can u pls calculate the penality of service tax and show the calculation to me.......

if the service tax payable is 95250, for last quarter ended 31/03/2009 and we will deposit it by 20/04/2009 what is the excat amount of penality ???????????

10 April 2009 You just pay Rs 679 interest ( for 20 days delay @ 13%). No need on paying any penalty.

11 April 2009 service tax is deposite on due basis or recipt basic ..........

if it is deposit on receipt basics than int for late deposite will be calculated from receipt date?????

am i right??????

11 April 2009 service tax is deposite on due basis or recipt basic ..........

if it is deposit on receipt basics than int for late deposite will be calculated from receipt date?????

am i right??????

13 April 2009 another view??????????

14 April 2009 penalty Rs.200/- per day or 2% per month of service tax liability, whichever is higher, but it shall not exceed the service tax amount. last date for deposit for service tax for the quarter/month ended 31/3/09 was 31/3/2009.


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