If the payment of service tax is delayed by 4 months, the rate of interest applicable for the delayed payment is —

CS Executive · Tax Laws and Practice · PYQS · December 2016
If the payment of service tax is delayed by 4 months, the rate of interest applicable for the delayed payment is —
(A) 18% per annum
(B) 12% per annum
(C) 30% per annum
(D) 24% per annum.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Service Tax

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