https://www.taxtmi.com/caselaws?id=219777 The Appellate Tribunal CESTAT AHMEDABAD ruled in a case involving liability to pay Service Tax on commercial charges for availing External Commercial Borrowings (ECB). The appellants, engaged in providing Port services, paid the Service Tax with interest after proceedings were initiated. The Tribunal set aside the penalties imposed under the Finance Act, 1994, as the demand for Service Tax and interest was not contested, concluding there was no mis-declaration or suppression. The confusion arising from restructuring in the Finance Department and lack of intention to evade tax were considered, leading to the decision in favor of the appellants. en-us Thu, 30 Aug 2012 00:00:00 +0530 Wed, 26 Dec 2012 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219777 The Appellate Tribunal CESTAT AHMEDABAD ruled in a case involving liability to pay Service Tax on commercial charges for availing External Commercial Borrowings (ECB). The appellants, engaged in providing Port services, paid the Service Tax with interest after proceedings were initiated. The Tribunal set aside the penalties imposed under the Finance Act, 1994, as the demand for Service Tax and interest was not contested, concluding there was no mis-declaration or suppression. The confusion arising from restructuring in the Finance Department and lack of intention to evade tax were considered, leading to the decision in favor of the appellants. Case-Laws Service Tax Thu, 30 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219777