https://www.taxtmi.com/caselaws?id=364134 The High Court directed the Tribunal to restore an appeal related to the payment of service tax on hoarding space sales. The dispute centered on whether service tax was payable when consideration was received before the levy came into effect. The Tribunal ruled that as per the Finance Act, 1994, service tax is applicable when consideration is received, and since it was received before the levy, the tax was not payable. The impugned order was set aside, and the appeal was allowed, clarifying the timing of consideration in determining tax liability under the Finance Act, 1994. en-us Fri, 22 Jun 2018 00:00:00 +0530 Tue, 24 Jul 2018 08:50:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364134 The High Court directed the Tribunal to restore an appeal related to the payment of service tax on hoarding space sales. The dispute centered on whether service tax was payable when consideration was received before the levy came into effect. The Tribunal ruled that as per the Finance Act, 1994, service tax is applicable when consideration is received, and since it was received before the levy, the tax was not payable. The impugned order was set aside, and the appeal was allowed, clarifying the timing of consideration in determining tax liability under the Finance Act, 1994. Case-Laws Service Tax Fri, 22 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364134