https://www.taxtmi.com/caselaws?id=399084 A recovery notice under a voluntary compliance scheme was held unsustainable because interest had been computed on the full declared amount without crediting the petitioner's staggered payments. The governing scheme required interest to be worked out only on unpaid dues, so partial remittances had to be taken into account when recalculating liability. The notice was therefore quashed, and fresh computation of interest was directed after considering the payments made on different dates. The petitioner was also permitted to operate the bank account, subject to withholding of a limited amount pending reconsideration. en-us Thu, 03 Sep 2020 00:00:00 +0530 Sat, 03 Oct 2020 11:33:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399084 A recovery notice under a voluntary compliance scheme was held unsustainable because interest had been computed on the full declared amount without crediting the petitioner's staggered payments. The governing scheme required interest to be worked out only on unpaid dues, so partial remittances had to be taken into account when recalculating liability. The notice was therefore quashed, and fresh computation of interest was directed after considering the payments made on different dates. The petitioner was also permitted to operate the bank account, subject to withholding of a limited amount pending reconsideration. Case-Laws Service Tax Thu, 03 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399084