https://www.taxtmi.com/caselaws?id=243037 The Tribunal upheld the demand for interest on delayed tax payment, citing statutory requirements. However, it ruled against imposing a penalty for the initial period due to the assessee's reasonable cause for non-payment. The Tribunal dismissed the appeal on the applicability of service tax, emphasizing that liability arises when the taxable service is provided, not when consideration is received. The Tribunal also affirmed the imposition of service tax based on the date of service provision and upheld the payment of interest for delayed tax payment, as established in a Supreme Court case. en-us Thu, 26 Sep 2013 00:00:00 +0530 Fri, 24 Feb 2017 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243037 The Tribunal upheld the demand for interest on delayed tax payment, citing statutory requirements. However, it ruled against imposing a penalty for the initial period due to the assessee's reasonable cause for non-payment. The Tribunal dismissed the appeal on the applicability of service tax, emphasizing that liability arises when the taxable service is provided, not when consideration is received. The Tribunal also affirmed the imposition of service tax based on the date of service provision and upheld the payment of interest for delayed tax payment, as established in a Supreme Court case. Case-Laws Service Tax Thu, 26 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243037