Check sibling questions

 Quarterly Payment of Service Tax

Earlier Quarterly Payement of Service tax waas available only for Individual and Partnership

Now it is available to

  • Individual
  • Partnership
  • HUF
  • One Person Company (OPC) whose taxable turnover from all premises is upto 50 lacs 

(Note:- 50 lac limit is only for OPC,Not for Individual,Partnerhip,HUF) 

Learn More



Interest on Late Payment of Service Tax

New Interest Rates Applicable from 14.5.2016


Rate of Interest

Service Tax collected from customer but not deposited to Government


Other Cases

(Amount not yet paid by Customer)




* There is 3% concession if

value of taxable service provided in previous financial year does not exceed Rs 60 lakh

Learn More








Davneet Singh's photo - Teacher, Engineer, Marketer

Article by

Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.