Home Case Index All Cases Service Tax Service Tax + HC Service Tax - 2011 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (9) TMI 501 - HC - Service TaxLevy of Interest - Held That:- Once there is delay in payment of service tax interest is payable.Finding that interest is not payable is erroneous. Penalty - Imposed prior to Sub Section (3) of Section 73 - Tax and interest paid before issue of show cause notice - Held That:- Circular dated 20-10-2010 prohibiting the revenue from preferring an appeal where the tax effect is less than Rs. 2 lakhs. comes into effect prior to 1.11.10. Circular giving benefit to assessee can be applied retrospectively.
|