https://www.taxtmi.com/caselaws?id=4402 The judgment clarified that service tax liability is only on the amount received by the service provider, not the outstanding balance due from the client. The appellants were not required to pay service tax on the balance amount. The penalty imposed was set aside as unjustified, but the appellants were liable to pay interest on the delayed amount. The ruling emphasized the importance of distinguishing between billed amounts and actual receipts for service tax calculation and highlighted the tribunal's discretion to waive penalties if deemed unfair. en-us Mon, 04 Feb 2008 00:00:00 +0530 Wed, 02 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4402 The judgment clarified that service tax liability is only on the amount received by the service provider, not the outstanding balance due from the client. The appellants were not required to pay service tax on the balance amount. The penalty imposed was set aside as unjustified, but the appellants were liable to pay interest on the delayed amount. The ruling emphasized the importance of distinguishing between billed amounts and actual receipts for service tax calculation and highlighted the tribunal's discretion to waive penalties if deemed unfair. Case-Laws Service Tax Mon, 04 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4402