https://www.taxtmi.com/caselaws?id=345297 Excess service tax adjustment beyond the permissible rule-based limit led to short payment for the relevant month, so the demand and interest were sustained. The later refund claim and sanction confirmed that the excess adjustment was not allowable, making the tax liability payable until appropriation. Penalty was nevertheless set aside because the adjustment arose from a bona fide interpretative dispute, the excess amount remained with the exchequer, and no mala fide intent was shown; statutory relief for reasonable cause applied. 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 Excess service tax adjustment beyond the permissible rule-based limit led to short payment for the relevant month, so the demand and interest were sustained. The later refund claim and sanction confirmed that the excess adjustment was not allowable, making the tax liability payable until appropriation. Penalty was nevertheless set aside because the adjustment arose from a bona fide interpretative dispute, the excess amount remained with the exchequer, and no mala fide intent was shown; statutory relief for reasonable cause applied. Case-Laws Service Tax Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345297