narender negi


{ City } new delhi
< Country > india
* Profession * sr. executive
User No # 34609
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Question { 7085 }

I am late for deposit the service tax about 120 days. the
amount of S.T. is 48115 What is the Intrest on 48115.


Answer

Interest will be 1919/- @ 13%PA

Is This Answer Correct ?    5 Yes 9 No

Question { 7085 }

I am late for deposit the service tax about 120 days. the
amount of S.T. is 48115 What is the Intrest on 48115.


Answer

Interest calculation of 120 day will be:
{(48115*13%)/365}*120= Rs.2056

However interest will be Rs.2056/-

Is This Answer Correct ?    15 Yes 1 No