Interest amount for late payment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 October 2014
Dear Sir,
Bill for Civil Construction work received on 23.04.2014, 50% Service tax charged by service provider (Total Amount Rs. 487817 and Service tax @ 4.944% x 50% = 12059)Rs. 12059
Now we have to pay 50% Tax under RCM Plese let me the Interest amount on this
Bill for Civil Construction work received on 23.04.2014, 50% Service tax charged by service provider (Total Amount Rs. 487817 and Service tax @ 4.944% x 50% = 12059)Rs. 12059
Now we have to pay 50% Tax under RCM Plese let me the Interest amount on this
13 October 2014
calculate int. @ 18% on your share of payment.
Thanks
Thanks
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