https://www.taxtmi.com/caselaws?id=268237 Amounts collected by a promoter for statutory outgoings and common maintenance, kept in separate accounts and applied on a cost-to-cost basis before transfer of the property, were not taxable as an independent Management, Maintenance or Repair service because the promoter acted only as a trustee or pure agent. The service tax demand, interest, and penalties on that count were set aside. For Goods Transport Agency service, the tax liability and interest were upheld because the assessee had substantially accepted the demand and paid it with interest before the notice, but penalty was waived under Section 80 of the Finance Act, 1994. en-us Tue, 15 Sep 2015 00:00:00 +0530 Sat, 21 Nov 2015 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268237 Amounts collected by a promoter for statutory outgoings and common maintenance, kept in separate accounts and applied on a cost-to-cost basis before transfer of the property, were not taxable as an independent Management, Maintenance or Repair service because the promoter acted only as a trustee or pure agent. The service tax demand, interest, and penalties on that count were set aside. For Goods Transport Agency service, the tax liability and interest were upheld because the assessee had substantially accepted the demand and paid it with interest before the notice, but penalty was waived under Section 80 of the Finance Act, 1994. Case-Laws Service Tax Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268237