Service Tax — Interest in case of delayed payment of Service Tax to the Government — Clarification

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..... of the Chandigarh Commissionerate Attention of the Trade and all other concerned is invited to the practice being followed in relation to charging of the interest in case of delayed payment of service tax to the Government. 2. As per Section 75 of the Chapter V of the Finance Act, 1994, the interest is to be charged at the rate of one half percent simple interest per month or part of .....

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