Service tax late payment, delayed by 60 days kindly help.

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We are delyed by 60 days in depositing ST. so we have calcluated it as 5000*18% divided by 365 * 60 =145/-INR

 

plz help e-challan form is asking for ST interest amount, Primary Edu Cess interest amount, Sec Edu Cess amount kindly help how to fill this details..

also wanted to know do we need to pay 2% of the service tax as penalty at the time of deposit.

 

Thanks for your guidance.

Regards

Bob

Replies (1)

5000 service tax

100 edu cess

50 secondary & Higher secondary edu cess

 

now calculate interest on all and make payment

 

no need to pay penalty if return is not belated, if return is belated then 

for 15 days 500

for 1 month 1000

for more than 1 month -  1000+ 100 per day (subject to maximum 20000)


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