07 June 2012
ONE OF OUR CLIENT, COLLECT SERVICE TAX FOR F.Y. 06-07 BUT HE HAD NOT PAID TAX & HE HAD NOT MAINTAINED RECORD. NOW HE IS RECEIVED NOTICE FOR THE SAME WITH INTEREST
HE READY TO PAY THE TAX, BUT HE IS NOT READY TO PAY INTEREST ON IT.
07 June 2012
No doubt there has been a delay, but then there is No remission available for interest at the most you can seek defferment for paying in installment, provided he is able to establish financial constraint. Without further delay the principal defaulted should be paid to cur interest cost
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