https://www.taxtmi.com/caselaws?id=367709 The Tribunal ruled in favor of the appellant, a registered "Forward Contract" service provider, in a dispute regarding the demand of service tax on amounts refunded to sub-brokers before the due date of filing returns. The Tribunal held that the tax liability should be based on the actual brokerage amounts received from sub-brokers, not the initial amounts received. The impugned order demanding service tax along with interest and penalties was set aside, granting consequential relief to the appellant. en-us Tue, 21 Aug 2018 00:00:00 +0530 Tue, 25 Sep 2018 08:23:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367709 The Tribunal ruled in favor of the appellant, a registered "Forward Contract" service provider, in a dispute regarding the demand of service tax on amounts refunded to sub-brokers before the due date of filing returns. The Tribunal held that the tax liability should be based on the actual brokerage amounts received from sub-brokers, not the initial amounts received. The impugned order demanding service tax along with interest and penalties was set aside, granting consequential relief to the appellant. Case-Laws Service Tax Tue, 21 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367709