Penalty

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2011 IS THERE A PENALTY OR INTEREST ON LATE PAYMENT OF SERVICE TAX AS PER NEW RULES?
WHAT IS THE RATE??


PLEASE REPLY URGENTLY

12 October 2011 Interest shall be payable @ 18% p.a. upto the date of default.



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