https://www.taxtmi.com/caselaws?id=328766 The Tribunal confirmed a service tax demand of Rs. 1,06,73,865 under various services, including late payment charges. The appellant disputed a portion of the demand related to funds collected for maintenance security, escrow account, and corpus fund for a cooperative society. The Tribunal distinguished the case from a precedent, emphasizing the appellant's ability to utilize the funds for maintenance until the cooperative society's formation. A pre-deposit of Rs. 30 lakhs was ordered within six weeks, with non-compliance risking dismissal of the appeal. Compliance with the pre-deposit was required to stay the recovery of the remaining liability. en-us Tue, 24 May 2016 00:00:00 +0530 Mon, 13 Jun 2016 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328766 The Tribunal confirmed a service tax demand of Rs. 1,06,73,865 under various services, including late payment charges. The appellant disputed a portion of the demand related to funds collected for maintenance security, escrow account, and corpus fund for a cooperative society. The Tribunal distinguished the case from a precedent, emphasizing the appellant's ability to utilize the funds for maintenance until the cooperative society's formation. A pre-deposit of Rs. 30 lakhs was ordered within six weeks, with non-compliance risking dismissal of the appeal. Compliance with the pre-deposit was required to stay the recovery of the remaining liability. Case-Laws Service Tax Tue, 24 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328766