https://www.taxtmi.com/forum/issue?id=108624 A concessional reduction of three percentage points in interest on service tax arrears is available to an SSI unit whose turnover is below the threshold, and that concession must be applied to each slab of delayed interest, reducing the standard delayed payment interest rate in every applicable period for calculation of interest on service tax liability. en-us Tue, 19 May 2015 19:10:53 +0530 Thu, 23 Jan 2025 15:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108624 A concessional reduction of three percentage points in interest on service tax arrears is available to an SSI unit whose turnover is below the threshold, and that concession must be applied to each slab of delayed interest, reducing the standard delayed payment interest rate in every applicable period for calculation of interest on service tax liability. Discussion-Forum Service Tax Tue, 19 May 2015 19:10:53 +0530 https://www.taxtmi.com/forum/issue?id=108624