Interest payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2012 Service provider has provided service before 31st march,2012 and issued invoice before 31st march,2012 but failed to make payment o or before 31st march,2012.S.T.Rate-10.3%
Service Tax rate changed from 1.4.2012
Now issue is whether payment in later period should be paid with interest on Service Tax Liability of 10.3% or liability should be recalculated as per 12.36%.



24 November 2012 Interest on 10.3% ST



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