https://www.taxtmi.com/caselaws?id=103 Section 117 of the Finance Act, 2000 validated collection of service tax from goods transport operator services and required repayment of any tax refunded under a judgment, decree or order within the prescribed period, failing which interest at 24% per annum became recoverable. The assessee did not dispute the principal refunded tax and sought relief only on financial hardship grounds against the interest demand. The Tribunal held that the statutory wording made interest payable, following its earlier view that tax, penalty and interest were all leviable under the provision, with only prosecution excluded. The interest demand was therefore sustained. en-us Tue, 13 Aug 2002 00:00:00 +0530 Thu, 03 Jul 2008 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103 Section 117 of the Finance Act, 2000 validated collection of service tax from goods transport operator services and required repayment of any tax refunded under a judgment, decree or order within the prescribed period, failing which interest at 24% per annum became recoverable. The assessee did not dispute the principal refunded tax and sought relief only on financial hardship grounds against the interest demand. The Tribunal held that the statutory wording made interest payable, following its earlier view that tax, penalty and interest were all leviable under the provision, with only prosecution excluded. The interest demand was therefore sustained. Case-Laws Service Tax Tue, 13 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103