service tax let fee
This query is : Resolved
08 June 2016
hi I have forget to pay service tax on 5 th June of may month, kindly advice what would be the let penalty need to pay.
regards
pawan shah
08 June 2016
Calculate interest @24% per annum on the tax and SBC due divide by 365 days and multiply by number of days delay including the date of payment i.e. say tax of 14000 and SBC 500 has to be paid on 10th June 2016, the interest will be calculated as follows:
[(14500 x 24%)/365] x 5 days delay = Rs.47.67 or say Rs.48/-..
[(14500 x 24%)/365] x 5 days delay = Rs.47.67 or say Rs.48/-..
08 June 2016
thank you so much dear :)
08 June 2016
You are most welcome.
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
- CLOSING STOCK QUERY
- DUE DATE FOR ITR FILING
- GST ISD Query on various AMCs
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Short Term Gain Reporting ITR
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Rent claimed on building given on permissive possession basis
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
