https://www.taxtmi.com/caselaws?id=238038 The Tribunal confirmed a demand of Rs. 87,64,847/- due to denial of credit for service tax paid by commission agents and another demand of Rs. 15,59,642/- for service tax on bank guarantee charges. The Tribunal held that commission agents were not eligible for credit based on a decision of the Hon'ble Gujarat High Court. However, the Tribunal allowed credit for bank guarantee charges as they related to business activities. A portion of the demand was found to be time-barred, and the applicant was directed to deposit a specific amount within 8 weeks, with the remaining dues waived for recovery during the appeal process. en-us Thu, 29 Aug 2013 00:00:00 +0530 Tue, 15 Oct 2013 07:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238038 The Tribunal confirmed a demand of Rs. 87,64,847/- due to denial of credit for service tax paid by commission agents and another demand of Rs. 15,59,642/- for service tax on bank guarantee charges. The Tribunal held that commission agents were not eligible for credit based on a decision of the Hon'ble Gujarat High Court. However, the Tribunal allowed credit for bank guarantee charges as they related to business activities. A portion of the demand was found to be time-barred, and the applicant was directed to deposit a specific amount within 8 weeks, with the remaining dues waived for recovery during the appeal process. Case-Laws Central Excise Thu, 29 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238038