https://www.taxtmi.com/article/detailed?id=954 Sec. 73 permits self-assessment and voluntary payment of unpaid or short-paid service tax and, if notified to the tax officer before issue of a show cause notice, prevents issuance of a demand for the amount so paid; payment in full with interest and specified penalty when accepted leads to deemed conclusion of proceedings for those notices. However, pre-notice payment does not bar separate penal action for delayed payment or default under the penalty provision, as the Raisoni Tyres example demonstrates where penalty was sustained despite prior payment. en-us Mon, 20 Sep 2010 00:00:00 +0530 Mon, 20 Sep 2010 23:53:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=954 Sec. 73 permits self-assessment and voluntary payment of unpaid or short-paid service tax and, if notified to the tax officer before issue of a show cause notice, prevents issuance of a demand for the amount so paid; payment in full with interest and specified penalty when accepted leads to deemed conclusion of proceedings for those notices. However, pre-notice payment does not bar separate penal action for delayed payment or default under the penalty provision, as the Raisoni Tyres example demonstrates where penalty was sustained despite prior payment. Articles Service Tax Mon, 20 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=954