https://www.taxtmi.com/caselaws?id=173170 Extended limitation under Section 73 of the Finance Act, 1994 was held invocable where returns contained false disclosure of taxable value and the discrepancy surfaced only on scrutiny of the balance sheet; however, the demand remained enforceable only within five years from the date of the show cause notice, and the portion beyond that period was time-barred. Notification No. 56/98-ST was denied because its exemption for services relating to safe deposit lockers, safe vaults, or security for movable property did not extend to security for vehicles, machinery, and watches. The sustained demand and penalties were upheld only for the legally permissible period, while the time-barred portion was set aside. en-us Thu, 19 Sep 2013 00:00:00 +0530 Wed, 14 Oct 2015 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173170 Extended limitation under Section 73 of the Finance Act, 1994 was held invocable where returns contained false disclosure of taxable value and the discrepancy surfaced only on scrutiny of the balance sheet; however, the demand remained enforceable only within five years from the date of the show cause notice, and the portion beyond that period was time-barred. Notification No. 56/98-ST was denied because its exemption for services relating to safe deposit lockers, safe vaults, or security for movable property did not extend to security for vehicles, machinery, and watches. The sustained demand and penalties were upheld only for the legally permissible period, while the time-barred portion was set aside. Case-Laws Service Tax Thu, 19 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173170