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INTEREST CALCULATION FOR THE LATE PAYMENT OF EXCISE AND SERVICE TAX

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..... SIR, THERE ARE 2 DATES FOR EXCISE AND SERVICE TAX PAYMENT. 5TH FOR MANNUAL CHALLAN AND 6TH FOR ONLINE PAYMENT. MY QUERY IS IN CASE WE ARE PAYING EXCISE OR SERVICE TAX ON 10TH OF THAT MONTH THEN WE HA .....

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..... VE TO CALCULATE INTEREST FOR 5 DAYS OR 4 DAYS ? IS THERE ANY NOTI./CIRCULAR IN SUPPORTING TO THIS ?? THANKING YOU - Reply By Pradeep Khatri - The Reply = Dear Mehul, Since, it has been made man .....

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..... datory to pay Duty and Taxes online and threshold limit has been reduced to Rs. 1.00 Lac, therefore, if Central Excise duty/ service tax is deposited late, then, interest would be calculated after the .....

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..... 6th day of the subsequent month. You would have to pay the interest for four days only but in cash/ GAR-7 . Regards Team YAGAY SUN (Management Indirect Tax Consultants) - .....

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..... Reply By Arun Kumar Singh - The Reply = If you have pay the duty from manually after due date then interest will be applicable 5 days otherwise 4 days. - INTEREST CALCULATION FOR THE LATE PAYMENT O .....

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..... F EXCISE AND SERVICE TAX - Query Started By: - Mehul Pandya Dated:- 17-6-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, persona .....

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..... l opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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