2004 (7) TMI 1 - AT - Service Tax

Service Tax Relevant date for payment Service tax and interest is leviable on service of GTO Deposition of tax and interest

Summary

The Appellate Tribunal CESTAT, New Delhi dismissed the appeal filed by the Revenue regarding the due date for payment of interest on service tax for 'GTO'. The Commissioner (Appeals) held that tax is to be deposited within 30 days from the assent given by the President of India, and interest is leviable from that date until the tax is deposited. The appeal was dismissed.