https://www.taxtmi.com/caselaws?id=206347 The Appellate Tribunal CESTAT Bangalore ruled in favor of M/s. Cochin Port Trust (CPT) regarding the liability to pay Service Tax on various receipts, including royalty and rental charges, under "Port Services." The Tribunal found that the amounts in question were not subject to Service Tax based on the agreement with India Gateway Terminal Pvt. Ltd. The penalties imposed under the Finance Act, 1994 were also deemed unjustified, leading to the appeal being allowed and the demand for Service Tax and penalties vacated. en-us Sun, 17 Jan 2010 00:00:00 +0530 Mon, 24 Oct 2011 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206347 The Appellate Tribunal CESTAT Bangalore ruled in favor of M/s. Cochin Port Trust (CPT) regarding the liability to pay Service Tax on various receipts, including royalty and rental charges, under "Port Services." The Tribunal found that the amounts in question were not subject to Service Tax based on the agreement with India Gateway Terminal Pvt. Ltd. The penalties imposed under the Finance Act, 1994 were also deemed unjustified, leading to the appeal being allowed and the demand for Service Tax and penalties vacated. Case-Laws Service Tax Sun, 17 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206347