https://www.taxtmi.com/caselaws?id=332278 The Tribunal allowed the appeal, ruling in favor of the appellant. It held that interest cannot be imposed when tax liability is not determined. The Tribunal also found that penalty under Section 77(2) of the Finance Act, 1994 fails when interest liability is not established. Moreover, the Tribunal emphasized that the extended period of limitation under Section 73 must be invoked with proper justification, which was lacking in this case. Therefore, the appellant succeeded in challenging the demands for interest and penalty, as the department failed to establish the liabilities in question. en-us Thu, 08 Sep 2016 00:00:00 +0530 Mon, 21 Nov 2016 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332278 The Tribunal allowed the appeal, ruling in favor of the appellant. It held that interest cannot be imposed when tax liability is not determined. The Tribunal also found that penalty under Section 77(2) of the Finance Act, 1994 fails when interest liability is not established. Moreover, the Tribunal emphasized that the extended period of limitation under Section 73 must be invoked with proper justification, which was lacking in this case. Therefore, the appellant succeeded in challenging the demands for interest and penalty, as the department failed to establish the liabilities in question. Case-Laws Service Tax Thu, 08 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332278