https://www.taxtmi.com/caselaws?id=218 The Judge rejected the Revenue's appeal, finding no merit in their argument regarding the imposition of interest on the service tax due from the Chartered Accountants. The High Court's order clarified that directions not to impose penal action included non-levy of interest, emphasizing protection against adverse consequences from delayed tax payment. The Judge concluded that interest should not be charged based on the High Court's order and the provisions of Section 75, distinguishing between penalty and interest in fiscal statutes. en-us Fri, 10 Dec 2004 00:00:00 +0530 Thu, 10 Apr 2008 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218 The Judge rejected the Revenue's appeal, finding no merit in their argument regarding the imposition of interest on the service tax due from the Chartered Accountants. The High Court's order clarified that directions not to impose penal action included non-levy of interest, emphasizing protection against adverse consequences from delayed tax payment. The Judge concluded that interest should not be charged based on the High Court's order and the provisions of Section 75, distinguishing between penalty and interest in fiscal statutes. Case-Laws Service Tax Fri, 10 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218