SERVICE TAX-interest
This query is : Resolved
20 September 2010
Any notifications in service tax related to interest on delayed payments?
Is it the same 13% applicable for nov exam?
Is it the same 13% applicable for nov exam?
20 September 2010
Yes. The rate of interest is 13% only. Notification No. 26/2004 ST dated 10.9.2004
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20 September 2010
No change. 13% per annum to be calculated only for the number of days delay.
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20 September 2010
Thanks a lot Rajan Babu sir and B.Chackrapani Warrier sir
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