Service tax interest query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 August 2013
Assessee is a Pvt. Ltd. Company.
Suppose for the month of Oct 2012, he has deposited the service tax in the month of Jan 2013 without calculating the interest.
Now, before filing the ST return for the period Oct'12-Mar'13 he wants to discharge the pending interest liability as well.
In such a case, will I have to calculate the interest as on date or upto the date of challan deposited earlier.
Kindly reply.
Suppose for the month of Oct 2012, he has deposited the service tax in the month of Jan 2013 without calculating the interest.
Now, before filing the ST return for the period Oct'12-Mar'13 he wants to discharge the pending interest liability as well.
In such a case, will I have to calculate the interest as on date or upto the date of challan deposited earlier.
Kindly reply.
29 August 2013
OCT 12 TAX DUE IS NOV 5/6TH (FOR ONLINE. SO, IF THIS IS PAID IN JAN 2013. ONLY NUMBER OF DAYS FROM 5TH NOV TO JAN (DATE NOT INDICATED BY YOU). NOT AS ON DATE.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Reporting in TDS return
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Banking Related Issue
- Residential status of non resident
- ITR-3 File/Error Found
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
