Interest
This query is : Resolved
10 May 2013
If under reverese mechanism our service tax liability due 0n 5th of the following month then interest will be calculated from 5th of the following month or from date of payment for service/raising of services............
10 May 2013
interest is to be paid for only delayed part.
and in above case delay is from 5th. - section 75
hence from 5th.1
and in above case delay is from 5th. - section 75
hence from 5th.1
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