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non payment of interest along with service tax for late remittance of service tax

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..... non payment of interest along with service tax for late remittance of service tax
Query (Issue) Started By: - Rajeev Kalra Dated:- 10-9-2010 Last Reply Date:- 11-9-2010 Service Tax
Got 2 Replie .....

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..... s
Service Tax
i want know if i pay service tax only in one month and interest for late remittance of service tax after two month then how we calculate interest . whether interst will be calculat .....

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..... ed till the date of payment of service tax or any other interest will be due for not paying interest along with service tax. Reply By sanjeev jadhav: The Reply: Dear Rajeev, you have to calculate inte .....

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..... rest from the due date of service tax payment upto the date of actual service tax payment. If you are the proprietor then your due dates of service tax payment is quarerly and due dates of the same ar .....

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..... e 5th July, 5th Oct, 5th Jan and 31st March. You have to calculate interest amount till the date of actual payment @ 13% on Service Tax + Ed.Cess + H.S.Ed. Cess. Reply By Meenakshi Batra: The Reply: Y .....

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..... ou have to pay simple interest from the due date to actual date of payment. There is no interest on interest on payment of interest subsequent to actual payment of service tax.
Discussion Forum - .....

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..... Knowledge Sharing .....

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