Rajesh Verma (Salaried) (68 Points)
06 December 2016Dear All,
Kindly confirm me that, i have not paid service tax payment on 06/11/2016, now today we want to pay last month service tax and also pay for current month service tax.
Please confime me that how many days interest will pay on last month, if i pay today that interest will pay even for one month or two month.
Anyone please guide me as soon as possible, because today is last date of Service Tax payment.
Thanks in advance
Rajesh Verma
KAPIL JAIN
(Job full time as well as part time)
(232 Points)
Replied 06 December 2016
rate of interest on service tax for first six month is @ 18% p.a. , if your annual receipt upto 60lakh then it will be 18-3 > 15% p.a..
for its calcutaion date of payment is also count for interst purpose.
CAclubindia
