During the e-payment of service tax i found there is seperate code for payment of interest for each(Basic service tax,education cess, secondary and higher education cess).So, my question is should i calculate interest seperately for (Basic service tax, education cee, shec)
Example :-
basic servicce tax = Rs.6776
Ec = Rs.132
Shec = Rs.65
delayed in payment 60 days
calculation of interest
1.int. on basic st = 6776*15%*60/365
2. int. on EC = 132*15%*60/365
3. int on shec =65*15%*60/365
should i do like dis as per latest changes on website
if my que is not clear to u plz follow the procedure of e-payment of service tax then u got it more clearly..........
Plz answer to me........
thanx in advance
CAclubindia
