Interest rate

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 January 2012 Dear Members

X company is created service tax provision from last two years ( 2009-10 & 2010-11), now the company ready to pay the service tax . Which interest rate is applicable? 13 % or 18 % ? or up to 31 mar 2010 13% + 01 Apr 2011 onwards 18% ?

27 January 2012 13% till 31-03-2010

18% after that

27 January 2012 13% till 31-03-2010

18% after that


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