https://www.taxtmi.com/caselaws?id=221230 The Appellate Tribunal CESTAT, New Delhi, addressed a service tax demand of Rs. 83,48,183/- on advance payments for fabrication services. The Tribunal emphasized reconciling advance payments with taxable services in tax returns to prevent evasion. It noted the appellant's efforts but lacked clarity on adjustments in tax returns. The matter was remanded for proper reconciliation, ensuring a fair decision and taxation of unaccounted amounts. The judgment stressed timely tax disclosure without postponement, in line with the Finance Act, 1994, Section 67(3), to serve justice and prevent tax evasion. en-us Wed, 09 Jan 2013 00:00:00 +0530 Thu, 28 Feb 2013 05:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221230 The Appellate Tribunal CESTAT, New Delhi, addressed a service tax demand of Rs. 83,48,183/- on advance payments for fabrication services. The Tribunal emphasized reconciling advance payments with taxable services in tax returns to prevent evasion. It noted the appellant's efforts but lacked clarity on adjustments in tax returns. The matter was remanded for proper reconciliation, ensuring a fair decision and taxation of unaccounted amounts. The judgment stressed timely tax disclosure without postponement, in line with the Finance Act, 1994, Section 67(3), to serve justice and prevent tax evasion. Case-Laws Service Tax Wed, 09 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221230