A company has made late payment of service tax amount but has not paid interest on the same.
How would the interest be calculated??
Invoice Date Service Tax Due Date ST Payment Date ST Amount (Rs.)
03rd July, 12 05th August, 12 05th Sept, 12 30529
As of today, interest amount is not paid. What should be the interest amount to be paid? Is 390Rs. correct??
Kindly reply at earliest nad provide link if possible to support your reply.
Thanks in Advance.