pls confirm the service tax penalty for late remittance is it 13%?
2 Replies
Anusha
(CA Final Student)
(60 Points)
Replied 04 June 2011
Interest for late remittance was 13% previously. But after the budget 2011, the interest rate has been increased to 18%
DAYANANDA K N
(ACCOUNTS EXCECUTIVE)
(575 Points)
Replied 04 June 2011
In central excise under Sec 11AB rate of Interest has been changed from 13% to 18% in the budget 2011. I think same rate is applicable to service tax also.
Regards
Dayananda
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
