https://www.taxtmi.com/caselaws?id=240438 The Tribunal upheld the confirmation of demand and interest due to the appellant's failure to adjust excess service tax paid as per prescribed procedure. However, the penalties imposed under Sections 76 and 77 of the Finance Act, 1994 were set aside as the appellant had a bona fide belief in their entitlement to adjust the excess amounts paid. The Tribunal rejected the stay and appeal except for the penalties under Sections 76 and 77. en-us Fri, 01 Nov 2013 00:00:00 +0530 Thu, 11 Sep 2014 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240438 The Tribunal upheld the confirmation of demand and interest due to the appellant's failure to adjust excess service tax paid as per prescribed procedure. However, the penalties imposed under Sections 76 and 77 of the Finance Act, 1994 were set aside as the appellant had a bona fide belief in their entitlement to adjust the excess amounts paid. The Tribunal rejected the stay and appeal except for the penalties under Sections 76 and 77. Case-Laws Service Tax Fri, 01 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240438