Interest and penalty for service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 December 2011 i have paid service tax on 6/7/11 for apr-june quarter which was one day late but i have not paid interest thereon.
So now i want to pay interest and penalty there on.What are rates of interest and penalty u/s 75 and 76.

Please give me advise because last date for submission of return is 26/12/2011

PAWAN KUMAR

PAWAN KUMAR (Expert)
Follow

24 December 2011 Have you paid service tax online ? if paid online there is no delay payment.No need to pay interest and penalty.

Querist : Anonymous

Querist : Anonymous (Querist)

24 December 2011 No, sir it was cash paid in bank on 08/10/11 for Q2.

Upgrade to CAclubindia Pro. Subscribe Now!