https://www.taxtmi.com/caselaws?id=258648 Retrospective validation of service tax liability does not, by itself, justify levy of interest for the entire prior period where interest is tied to default and carries a penal or quasi-punitive character; the text states that interest was therefore not sustainable because the tax was paid within the period contemplated after presidential assent. It also notes that a cum-duty claim cannot be rejected merely because a chartered accountant certificate was produced when the finding was verified by the jurisdictional superintendent and no contrary material was brought by revenue. On that basis, the assessee's relief was maintained and the revenue challenge failed. en-us Wed, 10 Dec 2014 00:00:00 +0530 Thu, 16 Apr 2015 08:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258648 Retrospective validation of service tax liability does not, by itself, justify levy of interest for the entire prior period where interest is tied to default and carries a penal or quasi-punitive character; the text states that interest was therefore not sustainable because the tax was paid within the period contemplated after presidential assent. It also notes that a cum-duty claim cannot be rejected merely because a chartered accountant certificate was produced when the finding was verified by the jurisdictional superintendent and no contrary material was brought by revenue. On that basis, the assessee's relief was maintained and the revenue challenge failed. Case-Laws Service Tax Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258648