TMI BlogInterest on late payment of service taxX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi Service Tax was supposed to be paid by May 2009 However we went to Supreme Court against Service Tax Dept. In Supreme it was decided the amount shall be paid 01/03/2012. Ruling Says - However i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the event of default on the part of the Applicants in deposit by the due date, it will be open to the service tax department to recover the entire amount in arrears forthwith. The amount was deposi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted on 15 march 2012 ( 15 days later) Now the interest will calculated on 15 days or from May 2009 (984 Days) by the Service tax department ? - Reply By Mahir S - The Reply = Sir, The ruling of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Court has nothing to do with the payment of interest.. In your case, the Interest is required to be paid from May 2009 onwards. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Shri S. Mahir. - Reply By Ganeshan Kalyani - The Reply = Service tax if paid after it become due, the interest provison becomes applicable. The interest in your case need to be paid from the d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate when it became due I.e. May 2009. - Interest on late payment of service tax - Query Started By: - Surender yadav Dated:- 14-10-2016 Service Tax - Got 3 Replies - Service Tax - Discussion Forum ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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