Service Tax Interest Rate

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May i know at what % the interest is charged if service tax is paid late????????????????

Replies (2)

Interest on service tax is charged @ 13% p.a from the following date of due date of payment till the date of payment.

 

Regards,

Devendra P Kulkarni

Originally posted by : Devendra
Interest on service tax is charged @ 13% p.a from the following date of due date of payment till the date of payment.
 
Regards,
Devendra P Kulkarni

agreed

and you have to pay even fine of Rs200 per day of default, which can be relaxed if the authority condones


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