https://www.taxtmi.com/forum/issue?id=5485 Goods received and invoiced across a change in service tax rate were paid in a single consolidated payment in May by clubbing values. The taxpayer asked whether delayed payment for the earlier receipt/invoice periods attracts interest. The advisory response confirmed that statutory interest is payable on delayed service tax, and that the taxpayer is liable to pay statutory interest at the applicable rate(s) for the period of delay. en-us Tue, 26 Mar 2013 19:59:55 +0530 Thu, 23 Jan 2025 15:57:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5485 Goods received and invoiced across a change in service tax rate were paid in a single consolidated payment in May by clubbing values. The taxpayer asked whether delayed payment for the earlier receipt/invoice periods attracts interest. The advisory response confirmed that statutory interest is payable on delayed service tax, and that the taxpayer is liable to pay statutory interest at the applicable rate(s) for the period of delay. Discussion-Forum Service Tax Tue, 26 Mar 2013 19:59:55 +0530 https://www.taxtmi.com/forum/issue?id=5485