https://www.taxtmi.com/caselaws?id=450155 A payment under SVLDRS-3 had to be made within the prescribed 30-day period, and the scheme did not allow extension of time; late payment therefore defeated eligibility for Sabka Vishwas relief and prevented issuance of SVLDRS-4. The demand also had to be re-quantified on a works contract basis because the record indicated works contract services and the original quantification had not applied the applicable composition rate. Credit had to be given for amounts already paid, including the pre-deposit and the amount tendered under SVLDRS-3. The penalties were set aside, interest remained payable on the amounts due, and the statutory fine under Rule 7C of the Service Tax Rules, 1994 was upheld. en-us Mon, 26 Feb 2024 00:00:00 +0530 Thu, 29 Feb 2024 07:54:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450155 A payment under SVLDRS-3 had to be made within the prescribed 30-day period, and the scheme did not allow extension of time; late payment therefore defeated eligibility for Sabka Vishwas relief and prevented issuance of SVLDRS-4. The demand also had to be re-quantified on a works contract basis because the record indicated works contract services and the original quantification had not applied the applicable composition rate. Credit had to be given for amounts already paid, including the pre-deposit and the amount tendered under SVLDRS-3. The penalties were set aside, interest remained payable on the amounts due, and the statutory fine under Rule 7C of the Service Tax Rules, 1994 was upheld. Case-Laws Service Tax Mon, 26 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450155