Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2008 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (3) TMI 71 - AT - Service TaxGTA service – tax paid for freight incurred prior to 1.1.05 – credit taken on 1.4.05 of the tax paid – whether interest & penalty are imposable for delay in reversing credit – lower authorities have held that the assessee’s availing credit on 1.4.05 of the tax paid was wrong and have demanded interest for the delay in reversing the same (on 29.3.06) – assessing authority approved the payment of tax relating to the half-year 2005, as correct – hence credit was rightly availed – appeal allowed
|