https://www.taxtmi.com/highlights?id=42083 Liability of service tax - Chit transaction - The legislature felt the need for inclusion of the transactions within the fold of service and hence amended the Finance Act, 1994 by Finance Act, 2015. As a corollary it has to be understood that it was not taxable prior to the amendment. - Refund to be allowed, subject to unjust enrichment. en-us Wed, 17 Oct 2018 07:42:25 +0530 Wed, 17 Oct 2018 07:42:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42083 Liability of service tax - Chit transaction - The legislature felt the need for inclusion of the transactions within the fold of service and hence amended the Finance Act, 1994 by Finance Act, 2015. As a corollary it has to be understood that it was not taxable prior to the amendment. - Refund to be allowed, subject to unjust enrichment. Highlights Service Tax Wed, 17 Oct 2018 07:42:25 +0530 https://www.taxtmi.com/highlights?id=42083