https://www.taxtmi.com/caselaws?id=236382 The Tribunal held that Section 73A(2) of the Finance Act, 1994 did not apply to a construction company that collected contingent liability towards service tax from flat buyers, as the company returned the amount after clarification from tax authorities. The Tribunal considered circulars by tax authorities on service tax liability in construction activities, noting the company's adherence to updated guidelines by returning the collected sums. The Tribunal found the company's actions in promptly returning the money following clarification demonstrated compliance, leading to the appeal being allowed and the stay application disposed of. en-us Thu, 24 Jan 2013 00:00:00 +0530 Tue, 02 Dec 2014 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236382 The Tribunal held that Section 73A(2) of the Finance Act, 1994 did not apply to a construction company that collected contingent liability towards service tax from flat buyers, as the company returned the amount after clarification from tax authorities. The Tribunal considered circulars by tax authorities on service tax liability in construction activities, noting the company's adherence to updated guidelines by returning the collected sums. The Tribunal found the company's actions in promptly returning the money following clarification demonstrated compliance, leading to the appeal being allowed and the stay application disposed of. Case-Laws Service Tax Thu, 24 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236382