https://www.taxtmi.com/caselaws?id=174743 Service tax was held not leviable on the surplus retained by a custodian after auction of unclaimed or abandoned imported cargo, because the amount was not consideration for Storage and Warehousing Service and the issue was already covered by prior tribunal decisions and Board Circular No. 11/1/2002-TRU. On that settled basis, the demand failed, and the connected penalty could not survive once the tax demand itself was unsustainable. en-us Thu, 04 Apr 2013 00:00:00 +0530 Sat, 17 Oct 2015 14:06:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174743 Service tax was held not leviable on the surplus retained by a custodian after auction of unclaimed or abandoned imported cargo, because the amount was not consideration for Storage and Warehousing Service and the issue was already covered by prior tribunal decisions and Board Circular No. 11/1/2002-TRU. On that settled basis, the demand failed, and the connected penalty could not survive once the tax demand itself was unsustainable. Case-Laws Service Tax Thu, 04 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174743