Home Forum Service Tax Month 8 2011 2011 (8) This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Interest of Late deposit of Service Tax Liability - Service TaxExtract Dear All As the interest rate for late deposit of service tax liability has been increased from 13% to 18% w.e.f. 1st April 2011, whether it will be applicable for the period falling after 1st April 2011 or amount deposit after 1st April 2011. For Example: Liability of the Assesee is Rs 2L for September 2010, and it will be deposit the same this month i.e. August 2011, how will it compute its liability for interest like From October 10 to March 11 - 13% April 11 to August 11 - 18% OR From October 10 to August 11 - 18% Please reply asap. Regards RAPG Co.
|