Rate of interest for late payment of service tax

Hi

We had filed last service tax return (April,17 to June,17) in the month of Dec, 2018 and paid interest @ 15% on late payment of service tax.

Now, the GST authorities pointed out that interest had to be calculated @ 24% for service tax collected but not deposited before due date as prescribed under Notification 13/2016-ST.

Please clarify whether the interest had to be calculated @ 24% instead of 15% on late payment of service tax


Regards