Payment of Service Tax by cheque in authorized Banks-Consequences of delay in encashment beyond due date

Payment of Service Tax by cheque in authorized Banks-Consequences of delay in encashment beyond due date https://www.taxtmi.com/circulars?id=143 Where a service tax cheque is deposited in an authorized bank before the due date and is subsequently honoured, the payment is deemed to have been made on the date the cheque was handed to the Government's bankers; in such cases the department should not recover interest or impose penalty merely because the bank credited the amount after the due date, though dishonour or abnormal delay attributable to the assessee permits penal action. en-us Wed, 23 Aug 2000 00:00:00 +0530 Thu, 12 Jan 2012 14:22:00 +0530 TaxTMI RSS Generator Payment of Service Tax by cheque in authorized Banks-Consequences of delay in encashment beyond due date https://www.taxtmi.com/circulars?id=143 Where a service tax cheque is deposited in an authorized bank before the due date and is subsequently honoured, the payment is deemed to have been made on the date the cheque was handed to the Government's bankers; in such cases the department should not recover interest or impose penalty merely because the bank credited the amount after the due date, though dishonour or abnormal delay attributable to the assessee permits penal action. Circulars Service Tax Wed, 23 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=143