https://www.taxtmi.com/caselaws?id=32820 The Tribunal waived the pre-deposit and stayed the recovery of remaining dues for M/s. JSW Steels Ltd. in a case concerning liability for service tax on a loan processing fee paid to ICICI Bank. The appellants promptly paid the service tax before any show-cause notice was issued, leading to the waiver of pre-deposit and stay on recovery until the final appeal disposal. Penalties imposed under the Finance Act, 1994, including interest for belated payment, were upheld, but the Tribunal granted relief due to the timely service tax payment. en-us Fri, 08 Aug 2008 00:00:00 +0530 Wed, 15 Apr 2009 08:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32820 The Tribunal waived the pre-deposit and stayed the recovery of remaining dues for M/s. JSW Steels Ltd. in a case concerning liability for service tax on a loan processing fee paid to ICICI Bank. The appellants promptly paid the service tax before any show-cause notice was issued, leading to the waiver of pre-deposit and stay on recovery until the final appeal disposal. Penalties imposed under the Finance Act, 1994, including interest for belated payment, were upheld, but the Tribunal granted relief due to the timely service tax payment. Case-Laws Service Tax Fri, 08 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32820