2002 (8) TMI 5 - AT - Service Tax

Summary

The Appellate Tribunal upheld the Commissioner's Order directing the appellants to pay service tax of Rs. 1,49,512.00, previously refunded, along with 24% per annum interest as per Section 117 of the Finance Act, 2000. The appellants' financial constraints were not considered as a valid reason to waive the interest payment. The appeal was rejected.