Dear sir,
please tell me about penalty on due payment 0f service tax.
if , the due amt is for the month of sep Rs.5,000/. if the amt is deposited in the month of jan. what is quantum of interest and penalty.
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service tax
Replies (1)
You will be liable to simple interest on the service tax amount @ 13% per annum for the period between due date of remittance and actual date of remittance.
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