I have paid 1939 swach bharat cess on 07.03.2016 due for Feb 2016. So, i have delayed payment by 1 day. what will be penalty for it? will it be avoidable as yesterday was sunday. I have paid service tax on time i.e. on 05th March 2016. we are pvt lyd company.
Menu
Penalty for dalayed payment of swach bharat by 1 day
Replies (3)
You are liable to pay interest at the rate of 18% for one day. However, if the value of taxable turnover in the previous financial year doesnot exceed Rs. 60 lakhs, then you are liable to pay interest @ 15% for one day
You are liable to pay interest only.
you hae to pay interest for 1 days
Recent Threads
- ITR-2 Payment Made but Status Not Updated
- Need help for ITR filing
- ITR Updated returns. Time limit for filing
- ITR 2 Processed and Refund Credited to Bank
- Freelancer or Salaried
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
Related Threads
CAclubindia
