hi!
I am new to this field, please forgive if this question is silly.
Late payment of the service tax is 13% p.a..right? if so, i am delayed with 3 months.
Suppose by billing is 1000/- so service tax is 103/- i.e 10.3% and my late payment will be 103/- x 3.25% for 3 months...right?
Please confirm
Thank you!
very much right
Yes, this is correct but please split the tax amount.....
Because in the case of payment must be interest paid split wise.....
thank you very much to all.
CAclubindia
