https://www.taxtmi.com/caselaws?id=798159 Section 73(3) of the Finance Act, 1994 removes penalty exposure where short-paid service tax and applicable interest are paid before a show cause notice is issued, with those payments validly appropriated. Rule 6(4A) of the Service Tax Rules, 1994 permits excess service tax paid in one period to be adjusted against liability in a succeeding month or quarter. Applying the General Clauses Act principle that singular includes plural, "succeeding" periods are not confined to the immediately following month or quarter. Accordingly, adjustment against a later succeeding period is permissible absent an express restriction. en-us Wed, 19 Aug 2026 00:00:00 +0530 Thu, 03 Sep 2026 08:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798159 Section 73(3) of the Finance Act, 1994 removes penalty exposure where short-paid service tax and applicable interest are paid before a show cause notice is issued, with those payments validly appropriated. Rule 6(4A) of the Service Tax Rules, 1994 permits excess service tax paid in one period to be adjusted against liability in a succeeding month or quarter. Applying the General Clauses Act principle that singular includes plural, "succeeding" periods are not confined to the immediately following month or quarter. Accordingly, adjustment against a later succeeding period is permissible absent an express restriction. Case-Laws Service Tax Wed, 19 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798159