https://www.taxtmi.com/caselaws?id=346013 Service tax on annual maintenance contracts entered into before 10.09.2004 was held to remain chargeable at the rate prevailing on the contract date, so the subsequent increase from 8% to 10% plus education cess did not apply. The Tribunal noted that the contracts were already in force and tax had been discharged on that basis; Notification No. 5/2004-ST was confined to cases where consideration was received before service was provided, which was not the factual position. As the taxable event was treated as arising when the contract was entered into and service commenced, no differential service tax was payable for the remaining contract period. en-us Wed, 26 Jul 2017 00:00:00 +0530 Fri, 01 Sep 2017 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346013 Service tax on annual maintenance contracts entered into before 10.09.2004 was held to remain chargeable at the rate prevailing on the contract date, so the subsequent increase from 8% to 10% plus education cess did not apply. The Tribunal noted that the contracts were already in force and tax had been discharged on that basis; Notification No. 5/2004-ST was confined to cases where consideration was received before service was provided, which was not the factual position. As the taxable event was treated as arising when the contract was entered into and service commenced, no differential service tax was payable for the remaining contract period. Case-Laws Service Tax Wed, 26 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346013