https://www.taxtmi.com/caselaws?id=334504 The Tribunal ruled in favor of the appellant in a case concerning the demand of service tax on a reverse charge basis for 'Foreign Agent Commission' services. The demand for a specific period was upheld within the limitation period, setting aside penalties imposed. The Tribunal emphasized the appellant's bona fide belief regarding the tax liability and remanded the matter for a fresh decision, highlighting transparency in reflecting commission payments. The decision clarified that the longer period of limitation did not apply to the Revenue, ultimately disposing of the appeal without finding any suppression or mala fide intention by the appellant. en-us Thu, 13 Oct 2016 00:00:00 +0530 Tue, 15 Nov 2016 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334504 The Tribunal ruled in favor of the appellant in a case concerning the demand of service tax on a reverse charge basis for 'Foreign Agent Commission' services. The demand for a specific period was upheld within the limitation period, setting aside penalties imposed. The Tribunal emphasized the appellant's bona fide belief regarding the tax liability and remanded the matter for a fresh decision, highlighting transparency in reflecting commission payments. The decision clarified that the longer period of limitation did not apply to the Revenue, ultimately disposing of the appeal without finding any suppression or mala fide intention by the appellant. Case-Laws Service Tax Thu, 13 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334504