https://www.taxtmi.com/caselaws?id=345297 The Tribunal upheld the demand for service tax due to short payment resulting from excess adjustment but set aside penalties imposed, citing lack of malafide intention. Interest was charged due to payment delay until appropriation date. The appellant's argument that excess payment was not short payment was rejected. The judgment emphasizes nuances of service tax adjustment, distinguishing short and excess payments, interpreting tax provisions accurately to avoid penalties. en-us Fri, 26 May 2017 00:00:00 +0530 Thu, 13 Jul 2017 07:27:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345297 The Tribunal upheld the demand for service tax due to short payment resulting from excess adjustment but set aside penalties imposed, citing lack of malafide intention. Interest was charged due to payment delay until appropriation date. The appellant's argument that excess payment was not short payment was rejected. The judgment emphasizes nuances of service tax adjustment, distinguishing short and excess payments, interpreting tax provisions accurately to avoid penalties. Case-Laws Service Tax Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345297