Interest

This query is : Resolved 

01 January 2014 WHAT IS THE CONSEQUENCES IF ASSESSEE PAY THE AMOUNT OF SERVICE TAX WITHOUT PAYING INTEREST PAYABLE THERE ON ?

01 January 2014 If you have not paid the interest then department can demand the interest with penalty.

01 January 2014 MAY I KNOW WHETHER ITS REFERENCE IS GIVEN IN ANY PROVISION(SECTION) OF THE ACT?


02 January 2014 i fail to understand this whole system of asking queries for reference to provisions!!

the interest liability is there. and it is payable whether or not department ask for it or not.



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