https://www.taxtmi.com/caselaws?id=4430 The Tribunal found that M/s.Tamilnadu Petroproducts Ltd. was not liable to pay the service tax it had paid before the recipient became liable. The lower authorities deemed the credit taken by the company as incorrect and demanded interest for the delay in reversing it. However, the assessing authority approved the payment of the impugned tax as correct for the relevant period. Consequently, the demand for interest was vacated, and the appeal was allowed, with the stay petition also being disposed of. en-us Tue, 04 Mar 2008 00:00:00 +0530 Sat, 20 Sep 2008 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4430 The Tribunal found that M/s.Tamilnadu Petroproducts Ltd. was not liable to pay the service tax it had paid before the recipient became liable. The lower authorities deemed the credit taken by the company as incorrect and demanded interest for the delay in reversing it. However, the assessing authority approved the payment of the impugned tax as correct for the relevant period. Consequently, the demand for interest was vacated, and the appeal was allowed, with the stay petition also being disposed of. Case-Laws Service Tax Tue, 04 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4430