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August 2014

Interest on delayed payment of service tax

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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Notification No. 12/2014-ST dated 11th July, 2014

Vide this notification, varying rates of interest on the basis of extent of delay in payment of service tax have been provided as under:

New rates shall be applicable w.e.f. 1st October, 2014.

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