https://www.taxtmi.com/caselaws?id=267919 The Tribunal upheld the tax liability on sim cards sold by the appellant under Section 65(105)(zzzx) of the Finance Act, 1994. It allowed the cum-tax benefit for calculating service tax liability, rejecting Revenue's appeals. The matter was remanded for recalculating tax with interest, supported by the apex Court's decision. The Tribunal set aside penalties imposed on the appellant, considering uncertainties in taxability and the appellant's bonafide belief. The appeal was disposed of in favor of the appellant based on the above decisions. en-us Thu, 24 Sep 2015 00:00:00 +0530 Mon, 16 Nov 2015 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267919 The Tribunal upheld the tax liability on sim cards sold by the appellant under Section 65(105)(zzzx) of the Finance Act, 1994. It allowed the cum-tax benefit for calculating service tax liability, rejecting Revenue's appeals. The matter was remanded for recalculating tax with interest, supported by the apex Court's decision. The Tribunal set aside penalties imposed on the appellant, considering uncertainties in taxability and the appellant's bonafide belief. The appeal was disposed of in favor of the appellant based on the above decisions. Case-Laws Service Tax Thu, 24 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267919