https://www.taxtmi.com/caselaws?id=258030 The court allowed the appeal, ruling that the addition to Explanation (c) under Section 67 of the Finance Act, 1994, is prospective from 10.05.2008. Therefore, there is no liability to levy interest on the gross value of taxable services for the period before that date. The judgment provides clarity on the retrospective nature of the amendment, based on the distinction between declaratory and clarificatory amendments in law. en-us Tue, 23 Dec 2014 00:00:00 +0530 Sat, 12 Sep 2015 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258030 The court allowed the appeal, ruling that the addition to Explanation (c) under Section 67 of the Finance Act, 1994, is prospective from 10.05.2008. Therefore, there is no liability to levy interest on the gross value of taxable services for the period before that date. The judgment provides clarity on the retrospective nature of the amendment, based on the distinction between declaratory and clarificatory amendments in law. Case-Laws Service Tax Tue, 23 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258030