SERVICE TAX - Compliance enhancement - THE FINANCE (No. 2) BILL, 2014

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....ERVICE TAX - Compliance enhancement - THE FINANCE (No. 2) BILL, 2014 <br>News and Press Release<br>Dated:- 13-7-2014<br><BR>Compliance enhancement: &bull; Simple interest rates per annum payable und....

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....er section 75, to vary on the basis of extent of delay in payment of service tax. This will come into force on 1st October 2014. Extent of delay Simple interest rate per annum Up to six months 18%....

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.... From six months and upto one year 24% More than one year 30% See:- Prescribes rate of Interest for late payment of service tax - Section 75 - Notification No. - 12/2014 Dated - July 11, 2014<BR>....

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.... News - Press release - PIB....