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Service Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Levy of interest - Even though the claim of the appellant that ...


Interest on Service Tax is Due When CENVAT Credit is Debited, Not Just Available in Books.

October 17, 2013

Case Laws     Service Tax     AT

Levy of interest - Even though the claim of the appellant that CENVAT credit was available in the books and therefore interest could not have been levied from that date looks logical, unfortunately unless the CENVAT credit available in the books is debited, legally it cannot be said that the service tax has been paid. - AT

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