can some one tell me, if service tax payment is delayed, the interest will be charged on per month basis or per day basis........?
2 Replies
Alok Bansod
(Accounts executiv)
(135 Points)
Replied 31 March 2010
interest is charges @ 13% Pa (on day basis)
amit jain
(Chartered Accountant)
(532 Points)
Replied 01 April 2010
it is 13 % per annum for the days claculated from last date of tax payment till the dt of payment
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