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
Message likes :
1 times
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
Message likes :
1 times
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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- 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
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
