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Regarding interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 January 2014 sir,
what is the rate of interest if the service tax is deposited beyond due date?
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Sanket

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Sanket (Expert)
06 January 2014 18% per day simple interest.
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
06 January 2014 Is it 18% per year or day? Pl check it up....mjk
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