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Wrong availment of cenvat.

This query is : Resolved 

11 December 2012 I have availed excess cenvat credit of approx 37000/- in the m/o Apr-12.Return for the period apr-june was duly filed in the m/o nov-12.
It is now detected that Rs 37000/- have been excess availed because of which I have paid less Service Tax in the M/o Apr-12.
To rectify the mistake I have paid that Rs 37000/- along with the liability of Nov-12 on 05/12/2012.
I want to know what is the rate of interest on late payment and how to rectify the mistake in return so that compliance is complete.

12 December 2012 Dear Asif Faiz,

Revise return can be filed with in 90 days of filling of original return. So please file revise return rectifying your mistake.

Interest rate is 15% or 18% depends whether your income exceed 60 lac or not. 15% for less than 60L


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