https://www.taxtmi.com/caselaws?id=183 The Tribunal affirmed the demand for service tax and interest in the final order, while setting aside the penalty. The petitioners' argument for exemption from interest based on a retrospective amendment to the Finance Act was rejected. The Tribunal held that their liability for the period in question was established under the law at that time, unaffected by subsequent amendments. The applications seeking rectification were dismissed, upholding the petitioners' liability for interest on the service tax payment. en-us Wed, 23 Jun 2004 00:00:00 +0530 Tue, 01 Jul 2008 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183 The Tribunal affirmed the demand for service tax and interest in the final order, while setting aside the penalty. The petitioners' argument for exemption from interest based on a retrospective amendment to the Finance Act was rejected. The Tribunal held that their liability for the period in question was established under the law at that time, unaffected by subsequent amendments. The applications seeking rectification were dismissed, upholding the petitioners' liability for interest on the service tax payment. Case-Laws Service Tax Wed, 23 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183