TMI Bloginterest on service tax payment by quarterly basis.X X X X Extracts X X X X X X X X Extracts X X X X ..... interest on service tax payment by quarterly basis. X X X X Extracts X X X X X X X X Extracts X X X X ..... y is if we are paid above service tax on quarterly basis so only service tax paid or with interest paid. please advise thanks a lot @ Bharat Patel Reply By MARIAPPAN GOVINDARAJAN: The Reply: Service tax is payable on monthly basis. You are not having option to pay it quarterly. Reply By Naveed S: The Reply: Yes sir, if you have paid service tax on quarterly basis, then you have to pay s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice tax with interest. Reply By MARIAPPAN GOVINDARAJAN: The Reply: My sincere advice is not to have option to service tax quarterly. Interest payment is a separate issue. Penal provisions will attract for failure to pay the service tax. Reply By chetan rachhadiya: The Reply: Dear Expert, my client runing partnership firm and filing excise return on quarterly basis than service tax payment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... should be on monthly basis or quarterly basis. Reply By PAWAN KUMAR: The Reply: Dear Sir, As per my view, if you are paying service tax monthly, please continue to pay. Dear Chetan Ji, The liabiltiy for partnership firm is on quarterly basis. Reply By Naveed S: The Reply: Yes sir, Partnership firm has to make service tax payment of quarterly basis, as explained above. Reply By Pradeep Khat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ri:
The Reply:
Dear Bharat,
Individuals and Partnership Firms are under obligation to pay the Service Tax on quarterly basis.
Regards,
Neelam Taneja, [Executive Consultant] in YAGAY and SUN
Management, Business and Indirect Tax Consultants X X X X Extracts X X X X X X X X Extracts X X X X
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