75. Interest on delayed payment of Service Tax
Every person, liable to pay the tax in accordance with the provisions of section 68 or rules made thereunder, who fails to credit the tax or any part
thereof to the account of the Central Government within the period prescribed, shall pay simple interest 5 [at such rate not below ten per cent and
not exceeding thirty-six per cent per annum as is for the time being fixed by the Central Government, by Notification in the Ofiicial Gezette for the
period] by which such crediting of the tax or any part thereof is delayed.
75A. [ Omitted ]