https://www.taxtmi.com/caselaws?id=344755 The Tribunal set aside the order demanding interest on delayed payment of service tax by a PSU engaged in electricity generation and services. It ruled that interest should not be levied on the amount related to services already set aside in a previous Tribunal order. However, interest liability under Section 75 of the Finance Act, 1994 was upheld for the remaining amount paid beyond the specified period. The case was remanded for verification of the correct quantum of service tax paid with delay, excluding the disputed services amount. en-us Fri, 26 May 2017 00:00:00 +0530 Tue, 27 Jun 2017 09:32:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344755 The Tribunal set aside the order demanding interest on delayed payment of service tax by a PSU engaged in electricity generation and services. It ruled that interest should not be levied on the amount related to services already set aside in a previous Tribunal order. However, interest liability under Section 75 of the Finance Act, 1994 was upheld for the remaining amount paid beyond the specified period. The case was remanded for verification of the correct quantum of service tax paid with delay, excluding the disputed services amount. Case-Laws Service Tax Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344755