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    <title>Interest on late payment of service tax</title>
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    <description>Slab-wise interest rates apply to delayed reverse-charge service tax from the point of taxation, with each slab rate governed by the notification in force during the relevant period of delay. Determination under the Point of Taxation Rules precedes interest computation. Interest on reverse-charge liabilities is payable in cash through the prescribed challan, and a statutory concession reduces the applicable interest rate for eligible small service providers.</description>
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      <description>Slab-wise interest rates apply to delayed reverse-charge service tax from the point of taxation, with each slab rate governed by the notification in force during the relevant period of delay. Determination under the Point of Taxation Rules precedes interest computation. Interest on reverse-charge liabilities is payable in cash through the prescribed challan, and a statutory concession reduces the applicable interest rate for eligible small service providers.</description>
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      <law>Service Tax</law>
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