https://www.taxtmi.com/caselaws?id=353237 The Court granted the petitioners' request for the release of a Bank Guarantee (BG) issued in favor of Respondent No. 1, directing its return by a specified date. It clarified that the service tax liability was not applicable to the petitioners for the period before a certain date and that the BG was provided instead of paying the tax under protest. The Court emphasized that if the Airport Authority of India (AAI) deposited the service tax without passing on the burden, it could claim a refund. Respondent No. 1 was directed to return the BG as there was no legal basis for retaining it. en-us Wed, 13 Sep 2017 00:00:00 +0530 Tue, 13 Feb 2018 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353237 The Court granted the petitioners' request for the release of a Bank Guarantee (BG) issued in favor of Respondent No. 1, directing its return by a specified date. It clarified that the service tax liability was not applicable to the petitioners for the period before a certain date and that the BG was provided instead of paying the tax under protest. The Court emphasized that if the Airport Authority of India (AAI) deposited the service tax without passing on the burden, it could claim a refund. Respondent No. 1 was directed to return the BG as there was no legal basis for retaining it. Case-Laws Service Tax Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353237