https://www.taxtmi.com/caselaws?id=213747 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 and the imposition of penalties under Sections 76, 77, and 78 of the Finance Act, 1994. The Tribunal found that the receipts were not taxable under 'Port Services' as they related to agreements for equipment transfer, leasing of immovable property, and licensing of jetties. The penalties imposed were set aside, and the appeal was allowed in favor of the appellant. en-us Mon, 17 Jan 2011 00:00:00 +0530 Fri, 04 Jul 2014 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213747 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 and the imposition of penalties under Sections 76, 77, and 78 of the Finance Act, 1994. The Tribunal found that the receipts were not taxable under 'Port Services' as they related to agreements for equipment transfer, leasing of immovable property, and licensing of jetties. The penalties imposed were set aside, and the appeal was allowed in favor of the appellant. Case-Laws Service Tax Mon, 17 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213747