https://www.taxtmi.com/caselaws?id=204901 The Appellate Tribunal CESTAT, Chennai upheld the decision setting aside the interest demand by the Commissioner (Appeals). The Tribunal determined that the assessee's situation did not trigger liability under Section 75 of the Finance Act, 1994, as it was deemed an incorrect payment method rather than a failure to pay. Consequently, the obligation to pay interest was denied, and the Revenue's appeal was rejected. en-us Wed, 01 Dec 2010 00:00:00 +0530 Mon, 26 Dec 2011 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204901 The Appellate Tribunal CESTAT, Chennai upheld the decision setting aside the interest demand by the Commissioner (Appeals). The Tribunal determined that the assessee's situation did not trigger liability under Section 75 of the Finance Act, 1994, as it was deemed an incorrect payment method rather than a failure to pay. Consequently, the obligation to pay interest was denied, and the Revenue's appeal was rejected. Case-Laws Service Tax Wed, 01 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204901