RATE OF INTEREST ON DELAYED PAYMENT OF SERVICE TAX

CA SUDHIR HALAKHANDI (PRACTICING CHARTERED ACCOUNTANT)   (13196 Points)

06 January 2009  

GOOD MORNING, SOMEBODY TELL ME WHAT IS THE PRESENT RATE OF INTEREST ON DELAYED PAYMENT OF SERVICE TAX?

IS THERE ANY PENALTY ALONGWITH THIS INTEREST ON DELAYED PAYMENT OF INTEREST?