2017 (12) TMI 1019

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....r the Respondent ORDER The fact of the case is that appellant while carrying forward the closing balance of 31^st March, 2009 on 1^st April, 2009 erroneously reported excess opening balance of Rs. 5,61,411/-. However this amount has been paid in cash vide Challan No. 00038 dated 21-2-2013. Thereafter a show cause notice was issued for demanding interest of Rs. 3,59,734/- under Section 11AB r....

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....posed therefore appellant are before me. 2. Shri. Mahesh Parnekar, Sr. Manager of the appellant company submits that though there is mistake while carrying forward the closing balance of March, 2009 as a opening balance of 1^st April, 2009 and accordingly an amount of Rs. 5,61,411/- was shown in excess to the actual balance to be transferred as opening balance on 1st April, 2009, but in the mon....

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..../- was wrongly taken and utilized. 4. I have carefully considered the submissions made by both sides and perused the records. 5. I find that in the grounds of appeal in para 3(a) it was shown that reversal of difference in the month of April, 2009 is Rs. 8,52,596/- and out of that after deducting service tax payment of Rs. 6,14,306/- the balance is of Rs. 2,38,290/- however it is apparently ....