06 April 2011
my client is one of the construction company. it has received payments from the memebers in F.Y.10-11, Company has not deposited the amount of service tax. Now if it wants to pay service tax with interest then which rate will be appliacble??13% or 17%??plz reply me urgently....
06 April 2011
that means the payment which has been recd in the 2nd quarter, 3rd Quarter or 4th Quater of 2010-11, i have to calculate interest upto 31st March at 13% and after that 18%....m i right??
CAclubindia
