Interest for payment of Service Tax under protest

575 views 1 replies
sir,

we have paid an amount on Apr 2012 under protest of service tax demand and we filed Appeal. Appeals are finalized in year 2024 in our faver so that we are eligible of interest of deposits ?.

Regards

Manoj Pandey
Replies (1)

Congratulations on the favorable outcome of your appeal! Regarding your question, yes, you may be eligible for interest on the amount deposited under protest in April 2012. As per the provisions of Section 35FF of the Central Excise Act, 1944 (which is applicable to service tax also), you are entitled to interest on the amount deposited under protest, if: 1. The appeal is decided in your favor 2. The amount was deposited under protest (which you have done in April 2012) 3. The appeal is finalized (which has happened in 2024) You should file an application with the authorities, citing the relevant provisions and providing necessary documentation, to claim the interest on the deposited amount. Please consult with a tax professional or legal expert to ensure you follow the correct procedure and meet the necessary requirements to claim the interest. They can guide you through the process and help you secure the interest on your deposit.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details