04 November 2009
please guide me about rate of interest and penalty on late filling on service tax on transport by road ( steel products - resale materials ) for f.y. - 2009-10.it is necessary to file six month report, also last date of filling the return???
04 November 2009
Rate of Interest is 13% per annum to be calculated only for the number of days dealy. Penalty for late filing of return ranges fron Rs.500/- to Rs.2000/- per return depending on the period of delay.