EASYOFFICE

Query on service tax interest rate

This query is : Resolved 
Avatar

Guest

Profile Image
Guest (Querist)
11 October 2013 Hi,

Someone may please reply, if possible:

Query 1

Assessee has taken registration on June 2013. His turnover comes to around Rs.15 Lacs only from June to Sep. 2013.

What is the Interest Rate applicable for him, as he is yet to pay the Service Tax Payment? [As his taxable service value is less than Rs.60 Lacs in the current financial year, can I proceed with 15% only (by availing concession of 3%].

Ans : ……………..

Thanks in advance for your replies.
Profile Image

CA Pallav Singhania

Profile Image

CA Pallav Singhania (Expert)
11 October 2013 Yes you can proceed with 15 percent interest as ur taxable service is less than 60 lacs...

regards,

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links