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Querry relating to service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 August 2013 I am working in Pvt.Ltd.Co.which is service provider which is covered under Business Auxilliary Service.Turnover of the company for Asst yr 2013-14 is 45,00,000/-.I want to know rate of Interest applicable for late payment of service tax.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
21 August 2013 Incase turnover below Rs.60 lakhs, you can pay interest rate @15% per annum

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