https://www.taxtmi.com/caselaws?id=375865 The appeal was rejected, upholding the liability to pay interest on delayed payment of Service Tax. The Tribunal confirmed that interest is payable for delayed payment despite the Service Tax being paid before the notice, citing relevant rules and a Supreme Court case precedent. The appellant's argument regarding unutilized CENVAT credit and the lack of a tax demand in the show cause notice were dismissed. The Tribunal emphasized that interest serves to compensate the Revenue for losses due to delayed payment, affirming the validity of the show cause notice demanding interest. en-us Wed, 13 Feb 2019 00:00:00 +0530 Wed, 27 Feb 2019 06:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375865 The appeal was rejected, upholding the liability to pay interest on delayed payment of Service Tax. The Tribunal confirmed that interest is payable for delayed payment despite the Service Tax being paid before the notice, citing relevant rules and a Supreme Court case precedent. The appellant's argument regarding unutilized CENVAT credit and the lack of a tax demand in the show cause notice were dismissed. The Tribunal emphasized that interest serves to compensate the Revenue for losses due to delayed payment, affirming the validity of the show cause notice demanding interest. Case-Laws Service Tax Wed, 13 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375865