Late payment of service

This query is : Resolved 

05 September 2011 Please Clarify.

suppose service tax liability for the month of april and may are as under

april 2011 25000 (including ed and shed)
may 2011 25000

now suppose on 05/07/2011 assessee paid only the service tax amount of Rs.50000/- and did not paid the interest.

now on 05/08/2011 assess want to pay the interest whether he has to pay interest on interest and for which period interest is to be paid.

i will be thankful if any one can provide the computation thereoff

06 September 2011 The tax amount is required to deposit including 13% interest PA on the tax amount till the date of payment.



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