https://www.taxtmi.com/caselaws?id=751831 CESTAT Hyderabad dismissed the appeal where appellants sought waiver of interest on delayed service tax payment made under amnesty scheme for imported services from USA under Reverse Charge Mechanism. The tribunal held that interest payment is automatic corollary to tax payment and cannot be waived even under amnesty schemes. Having accepted service tax liability without dispute, appellants cannot seek exemption from applicable interest. The refund claim was also rejected as payment was made after audit detection under amnesty provisions, making credit inadmissible under Rule 9(1)(bb). en-us Tue, 16 Apr 2024 00:00:00 +0530 Fri, 26 Apr 2024 21:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751831 CESTAT Hyderabad dismissed the appeal where appellants sought waiver of interest on delayed service tax payment made under amnesty scheme for imported services from USA under Reverse Charge Mechanism. The tribunal held that interest payment is automatic corollary to tax payment and cannot be waived even under amnesty schemes. Having accepted service tax liability without dispute, appellants cannot seek exemption from applicable interest. The refund claim was also rejected as payment was made after audit detection under amnesty provisions, making credit inadmissible under Rule 9(1)(bb). Case-Laws Service Tax Tue, 16 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751831