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TASMAC must pay service tax on 2012-2013 license fees; interest applies, no penalties due to interpretation. CESTAT decision.

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Full Text of the Document

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....TASMAC liable for service tax on license fees received for period 1.7.2012 to 28.3.2013. Interest u/s 75 payable on delayed payment, but penalties u/ss 77 and 78 not imposable due to interpretative nature of issue. Appeal disposed of by CESTAT.....

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