I am late for deposit the service tax about 120 days. the
amount of S.T. is 48115 What is the Intrest on 48115.
Answer Posted / narender negi
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 |
Post New Answer View All Answers
what to in pro
how to file returne?
what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this
Can I use a single way bill for 1 vehicle dispatching material from multiple consigners to a single consignee???
why VAT not charged in deemed sales bill.
I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
What doyou mean by assesment order? and for what purpose it will be passed?
What do you understand by transfer income?
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
what is central excise tax
calculation of Tds on subcontractor
due date for issue of C form, if c form is not issue what will be the consequences
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.
The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com