https://www.taxtmi.com/circulars?id=137 Clarification: interest under Section 75 for delayed service tax is simple interest charged for the period of delay; where payment falls on the first day of the next month after a mid month due date, the delay should be treated as a single month measured from the day after the due date of the first month to the due date of the next month, and interest charged for one month only. en-us Mon, 16 Nov 1998 00:00:00 +0530 Sat, 30 Aug 2008 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=137 Clarification: interest under Section 75 for delayed service tax is simple interest charged for the period of delay; where payment falls on the first day of the next month after a mid month due date, the delay should be treated as a single month measured from the day after the due date of the first month to the due date of the next month, and interest charged for one month only. Circulars Service Tax Mon, 16 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=137