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 ..... dear sir we produce plastic bag or pouch and plastic film under chapter heading 39. now we are paid service tax on inward and outward transportation through monthly basis by every month before 5th. but my query 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 GOVINDARAJA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... N - 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 service 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 iss ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ue. 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 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 conti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nue 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 Khatri - The Reply = Dear Bharat, Individuals and Partnership Firms are under obligation to pay the Service Tax on quarterly basis. Regards, Neelam Taneja ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , [Executive Consultant] in YAGAY and SUN Management, Business and Indirect Tax Consultants - interest on service tax payment by quarterly basis. - Query Started By: - Bharat patel Dated:- 8-1-2015 Service Tax - Got 7 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia.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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