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late deposit

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(Querist)
24 December 2008 what is the penalty of deposit of service tax challan.
I want to know that what is the penalty of service tax deposit monthly for late
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
24 December 2008 Late payment of service tax attracts interest @ 13% per annum. Interest is to be calculated for the number of days delay.
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
24 December 2008 Interest @ 13% PA
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