https://www.taxtmi.com/caselaws?id=272141 The Court found in favor of the Appellant, an electrical contractor, in a case concerning the requirement to deposit 50% of adjudicated service tax for appeal consideration before CESTAT. The Court determined that the service tax calculation should be based only on the service component of turnover, not the entire turnover, as done by the Adjudicating Authority. The Court reduced the deposit amount to Rs. 5 lakhs, acknowledging the excessive demand resulting from the incorrect computation method. This decision rectified the erroneous tax assessment and clarified the proper approach for calculating service tax for contractors. en-us Wed, 04 Nov 2015 00:00:00 +0530 Sun, 28 Feb 2016 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272141 The Court found in favor of the Appellant, an electrical contractor, in a case concerning the requirement to deposit 50% of adjudicated service tax for appeal consideration before CESTAT. The Court determined that the service tax calculation should be based only on the service component of turnover, not the entire turnover, as done by the Adjudicating Authority. The Court reduced the deposit amount to Rs. 5 lakhs, acknowledging the excessive demand resulting from the incorrect computation method. This decision rectified the erroneous tax assessment and clarified the proper approach for calculating service tax for contractors. Case-Laws Service Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272141