X, an assessee, fails to pay service tax of ₹8 lakh payable by 5th July. He pays the amount on 15th July. Interest payable by him u/s 76 will be —

CS Executive · Tax Laws and Practice · PYQS · December 2014
X, an assessee, fails to pay service tax of ₹8 lakh payable by 5th July. He pays the amount on 15th July. Interest payable by him u/s 76 will be —
(A) ₹2,581
(B) ₹1,561
(C) ₹1,000
(D) ₹2,000.

Topics: Service Tax

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