https://www.taxtmi.com/caselaws?id=352922 The tribunal ruled in favor of the appellant, M/s Thermax Engineering Construction, in a service tax dispute. It held that advance payments were not subject to service tax as they were akin to earnest money. The tribunal also allowed credit for retention amounts and exempted services rendered abroad from service tax. Consequently, the appeal by the assessee was allowed, while the appeal by the revenue was rejected. en-us Mon, 13 Nov 2017 00:00:00 +0530 Wed, 17 Apr 2019 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352922 The tribunal ruled in favor of the appellant, M/s Thermax Engineering Construction, in a service tax dispute. It held that advance payments were not subject to service tax as they were akin to earnest money. The tribunal also allowed credit for retention amounts and exempted services rendered abroad from service tax. Consequently, the appeal by the assessee was allowed, while the appeal by the revenue was rejected. Case-Laws Service Tax Mon, 13 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352922