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    <title>INTEREST CALCULATION FOR THE LATE PAYMENT OF EXCISE AND SERVICE TAX</title>
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    <description>Interest for late excise and service tax is calculated from the applicable cut off: the fifth day for manual challan payments and the sixth day for online payments; interest accrues for the days between that cut off and the actual payment date. The document notes the increased move to mandatory online payments and a reduced threshold affecting which cut off applies.</description>
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      <description>Interest for late excise and service tax is calculated from the applicable cut off: the fifth day for manual challan payments and the sixth day for online payments; interest accrues for the days between that cut off and the actual payment date. The document notes the increased move to mandatory online payments and a reduced threshold affecting which cut off applies.</description>
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