https://www.taxtmi.com/acts?id=848 Where an amount has been collected in excess of tax for a taxable service, the person liable under section 73A(4) must pay interest at a Central Government-fixed rate within a prescribed band from the month after the amount ought to have been paid until payment. An exception waives interest if liability follows a Board direction under section 37B and the amount is voluntarily paid in full within a specified period without reserving appeal rights; otherwise interest applies on the whole amount. A reduced interest rate is provided for eligible small service providers, and interest is adjusted to reflect any appellate increase or reduction in the determined amount. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 01 Dec 2014 16:47:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=848 Where an amount has been collected in excess of tax for a taxable service, the person liable under section 73A(4) must pay interest at a Central Government-fixed rate within a prescribed band from the month after the amount ought to have been paid until payment. An exception waives interest if liability follows a Board direction under section 37B and the amount is voluntarily paid in full within a specified period without reserving appeal rights; otherwise interest applies on the whole amount. A reduced interest rate is provided for eligible small service providers, and interest is adjusted to reflect any appellate increase or reduction in the determined amount. Act-Rules F. Acts / Amendment Acts Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=848