Entities Must Pay Interest on Short-Paid Service Tax; Recovery Actions for Non-Compliance.

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Full Text of the Document

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....Demand of Interest u/s 75 - There can be no dispute that interest on the service tax short paid and paid subsequently either on own volition or on being pointed out by the department, is required to be paid and if not paid suitable action for the recovery of the interest needs to be initiated against the defaulting entity.....