LAWyersclubindia LCI
Login  Register
LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Service Tax Challans Interest Calculation

(Querist) 09 July 2009 This query is : Resolved 
I think interest for late depositing of ST shall b calculated per day @ 13% annum.
People use to calculate interest per month. I mean, even if w deposit it one day late, they use to pay interest for a whole month...i think this is not correct...interst shall b paid for one day only...Am i correct?
Report Abuse
tarun goyal (Expert) 23 July 2009
u are right dear.
Guest (Querist) 23 July 2009
Tx Boss

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Follow us





Browse by Category

Stay updated with latest Posts!