https://www.taxtmi.com/caselaws?id=75063 The Appellate Tribunal CESTAT, Kolkata denied the Applicants' request for waiver of pre-deposit of interest on Service Tax, as they paid late without claiming financial hardship. The Tribunal emphasized that interest is levied under the Finance Act, 1994 when Service Tax is not paid on time, and there was no dispute on the liability. Referring to Section 35F of the Central Excise Act, the Tribunal upheld its earlier decision, allowing a two-week extension for compliance but stressing the importance of timely reporting. en-us Tue, 16 Jun 2009 00:00:00 +0530 Sat, 20 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75063 The Appellate Tribunal CESTAT, Kolkata denied the Applicants' request for waiver of pre-deposit of interest on Service Tax, as they paid late without claiming financial hardship. The Tribunal emphasized that interest is levied under the Finance Act, 1994 when Service Tax is not paid on time, and there was no dispute on the liability. Referring to Section 35F of the Central Excise Act, the Tribunal upheld its earlier decision, allowing a two-week extension for compliance but stressing the importance of timely reporting. Case-Laws Service Tax Tue, 16 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75063