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    <title>2007 (7) TMI 195 - CESTAT  CHENNAI</title>
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    <description>Service tax paid on GTO services within the permissible time limit under the Finance Act, 2003 and the period applied by the Supreme Court for similar assessees did not attract penalty under Section 76 or interest under Section 75. The same Bench had earlier held that timely payment and compliance with the statutory requirements barred such liability, and the revisional authority erred in proceeding on an incorrect view of the law by imposing penalty and directing interest.</description>
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      <link>https://www.taxtmi.com/caselaws?id=4431</link>
      <description>Service tax paid on GTO services within the permissible time limit under the Finance Act, 2003 and the period applied by the Supreme Court for similar assessees did not attract penalty under Section 76 or interest under Section 75. The same Bench had earlier held that timely payment and compliance with the statutory requirements barred such liability, and the revisional authority erred in proceeding on an incorrect view of the law by imposing penalty and directing interest.</description>
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      <pubDate>Thu, 26 Jul 2007 00:00:00 +0530</pubDate>
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