Service tax not paid
This query is : Resolved
07 June 2012
ONE OF OUR CLIENT, COLLECT SERVICE TAX FOR F.Y. 06-07 BUT HE HAD NOT PAID TAX
& HE HAD NOT MAINTAINED RECORD.
NOW HE IS RECEIVED NOTICE FOR THE SAME
WITH INTEREST
HE READY TO PAY THE TAX, BUT HE IS NOT READY TO PAY INTEREST ON IT.
PLS TELL ME HOW TO SOLVE THE PROBLEM?
& HE HAD NOT MAINTAINED RECORD.
NOW HE IS RECEIVED NOTICE FOR THE SAME
WITH INTEREST
HE READY TO PAY THE TAX, BUT HE IS NOT READY TO PAY INTEREST ON IT.
PLS TELL ME HOW TO SOLVE THE PROBLEM?
07 June 2012
No doubt there has been a delay, but then there is No remission available for interest at the most you can seek defferment for paying in installment, provided he is able to establish financial constraint. Without further delay the principal defaulted should be paid to cur interest cost
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Guest
Guest
(Expert)
07 June 2012
He is bound to pay interest on late payment of Service Tax. There is no going back.
Regards
Regards
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