I am late for deposit the service tax about 120 days. the
amount of S.T. is 48115 What is the Intrest on 48115.
Answers were Sorted based on User's Feedback
Interest calculation of 120 day will be:
{(48115*13%)/365}*120= Rs.2056
However interest will be Rs.2056/-
| Is This Answer Correct ? | 15 Yes | 1 No |
Answer / ganpat nanoskar
Your Question : I am late for deposit the service tax about
120 days. the amount of S.T. is 48115 What is the Intrest
on 48115.
Ans: Interest calculation of 120 days will be as follows:-
(48115*13/100)=6255
6255 *120/365 =2056
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / muthu kumaran
st total=48115*13/100=6255/-
Rs.6255/1/12=521*4 months.Int.Rs.2085/-
| Is This Answer Correct ? | 9 Yes | 6 No |
Answer / akhilesh dhir
Service Tax 48115/- Interest will be charged 13% as late
fees.
48115x13%6255
then 6255/365x120=2056
u hav to pay 48115+2056=50171/-
| Is This Answer Correct ? | 1 Yes | 1 No |
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