https://www.taxtmi.com/caselaws?id=341310 The Apex Court upheld the Delhi High Court's decision that Chit Fund activities are not taxable services. The appellant, a Chit Fund business, sought a refund for service tax paid, arguing the tax was a deposit due to confusion on taxability. The tribunal remanded the case for verification of the appellant's engagement in other taxable services. If solely in Chit Fund business, the refund claim should be considered. The appeal was allowed for further verification, setting aside the previous order. en-us Thu, 23 Feb 2017 00:00:00 +0530 Wed, 19 Apr 2017 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341310 The Apex Court upheld the Delhi High Court's decision that Chit Fund activities are not taxable services. The appellant, a Chit Fund business, sought a refund for service tax paid, arguing the tax was a deposit due to confusion on taxability. The tribunal remanded the case for verification of the appellant's engagement in other taxable services. If solely in Chit Fund business, the refund claim should be considered. The appeal was allowed for further verification, setting aside the previous order. Case-Laws Service Tax Thu, 23 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341310