https://www.taxtmi.com/caselaws?id=251964 The Tribunal ruled in favor of the appellant, a developer of residential apartments, in a dispute over service tax liability. The appellant's cautious approach of collecting funds in an escrow account, pending clarity on service tax liability, was not considered as collecting service tax. The Tribunal set aside the Commissioner's order demanding service tax payment and penalty, stating that Section 73A of the Finance Act, 1994 did not apply as the amount was not collected as service tax. The decision emphasized the importance of determining liability before invoking statutory provisions like Section 73A. en-us Tue, 18 Feb 2014 00:00:00 +0530 Mon, 06 Oct 2014 10:34:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251964 The Tribunal ruled in favor of the appellant, a developer of residential apartments, in a dispute over service tax liability. The appellant's cautious approach of collecting funds in an escrow account, pending clarity on service tax liability, was not considered as collecting service tax. The Tribunal set aside the Commissioner's order demanding service tax payment and penalty, stating that Section 73A of the Finance Act, 1994 did not apply as the amount was not collected as service tax. The decision emphasized the importance of determining liability before invoking statutory provisions like Section 73A. Case-Laws Service Tax Tue, 18 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251964