https://www.taxtmi.com/caselaws?id=450567 The Tribunal determined that the Appellant had overpaid Service Tax due to a misunderstanding of the applicable rate and had paid the excess amount before the issuance of the Show Cause Notice. The Tribunal recalculated the interest payable at Rs. 130,138/- and set aside the penalty under Section 78, acknowledging the Appellant's good faith and lack of intent to suppress information. The Appellant was directed to pay the remaining interest by a specified date, and the appeal was disposed of accordingly. en-us Mon, 04 Mar 2024 00:00:00 +0530 Fri, 08 Mar 2024 07:59:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450567 The Tribunal determined that the Appellant had overpaid Service Tax due to a misunderstanding of the applicable rate and had paid the excess amount before the issuance of the Show Cause Notice. The Tribunal recalculated the interest payable at Rs. 130,138/- and set aside the penalty under Section 78, acknowledging the Appellant's good faith and lack of intent to suppress information. The Appellant was directed to pay the remaining interest by a specified date, and the appeal was disposed of accordingly. Case-Laws Service Tax Mon, 04 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450567