<h1>Supreme Court Confirms Service Recipient Liable for Interest on Late Service Tax Payments Under Finance Act, 1994.</h1> The Kerala State Electricity Board, as the recipient of imported services, was deemed liable to pay interest on late service tax payments, as per the Finance Act, 1994. Despite arguing that the service provider should bear this responsibility, the Kerala High Court ruled against the appellant, interpreting the contractual terms and statutory obligations. The Supreme Court upheld this decision, confirming that the service recipient is responsible for the interest on delayed service tax payments.