https://www.taxtmi.com/caselaws?id=339808 The Appellate Tribunal allowed the appeal, setting aside the demand for interest and penalty related to the delay in payment of service tax to Associated Enterprises. The Tribunal upheld the validity of book adjustments for credit, noting that the service tax was promptly paid by the Associated Enterprises. Consequently, the Tribunal provided consequential reliefs and disposed of the stay application, emphasizing that when service tax is promptly paid by Associated Enterprises, there is no basis for demanding interest from the appellant. en-us Mon, 30 Jan 2017 00:00:00 +0530 Thu, 31 Aug 2017 15:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339808 The Appellate Tribunal allowed the appeal, setting aside the demand for interest and penalty related to the delay in payment of service tax to Associated Enterprises. The Tribunal upheld the validity of book adjustments for credit, noting that the service tax was promptly paid by the Associated Enterprises. Consequently, the Tribunal provided consequential reliefs and disposed of the stay application, emphasizing that when service tax is promptly paid by Associated Enterprises, there is no basis for demanding interest from the appellant. Case-Laws Service Tax Mon, 30 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339808