https://www.taxtmi.com/article/detailed?id=555 Interest for delayed payment of service tax is compensatory and mandatorily chargeable under the statutory interest provision. An interim High Court stay on recovery or on operation of charging provisions does not, by itself, suspend accrual of interest. In the absence of an express judicial order excluding the stay period from computation, the assessee remains liable for interest for the entire period of delay; only a specific court direction to exclude or set a deposition date will prevent interest for that period. en-us Thu, 12 Nov 2009 00:00:00 +0530 Tue, 04 Jan 2011 18:16:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=555 Interest for delayed payment of service tax is compensatory and mandatorily chargeable under the statutory interest provision. An interim High Court stay on recovery or on operation of charging provisions does not, by itself, suspend accrual of interest. In the absence of an express judicial order excluding the stay period from computation, the assessee remains liable for interest for the entire period of delay; only a specific court direction to exclude or set a deposition date will prevent interest for that period. Articles Service Tax Thu, 12 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=555