Rate of interest on late deposit of service tax

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..... Dear Expert, One of our director has given his building on rent and getting rent inclusive of service tax as per agreement on monthly basis. Total turnover for the year exceeds Rs. one crore. We are providing bill to the service recipient after biofercating rent amount plus service tax payable by us after getting re .....

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..... bate on house tax paid. And paying service tax on quarterly basis. We have not paid service tax by this time. We shall also have to pay penalty of ₹ 100/- per day upto ₹ 20000/- maximum on late filing of return. Now my query is at what rate of interest .....

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..... to be paid on late payment of service tax. Please give your expert opinion. REGARDS, WADHWA - Reply By Ganeshan Kalyani - The Reply = 24% p.a - Reply By MARIAPPAN GO .....

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..... VINDARAJAN - The Reply = Upto six months = 18%; Six months to one year = Upto six months 18% + beyond six months to one year = 24%' More than one year = Up to six months - 18% + beyond six months to one year = 24% + beyond one year = 30% - Rate of interest on late deposit of service tax - Query Started By: - S.C. WADHWA Dated:- 13-11-2016 Service Tax - Got 2 Replies - Service Tax - Discu .....

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..... ssion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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