what is the interest of late deposit(one day) of service tax
for Rs 1000/-(including cess+e.cess).please let me clear also
the how much days of interest will be be calculated for one
day late deposit.
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Answer Posted / k d sharma
Rate of Interest charged is 13 % per annum for late
deposition of Service Tax after due date and the Interst is
payble on the basis of NUMBER OF DAYS by which the it is
delayed.
Hence 1 day late deposit will attract interest for 1 day on
Rs1000.00 @ 13 % pa
| Is This Answer Correct ? | 45 Yes | 8 No |
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