https://www.taxtmi.com/caselaws?id=370641 Refundable maintenance security collected under a builder agreement is treated as a deposit, not consideration for maintenance services, because it is refundable on termination and intended only to secure performance and cover default in maintenance charges; on that basis, it is outside the taxable value. External development charges collected from buyers and remitted to the statutory development authority are likewise excluded from service tax, as they are not retained by the builder as service consideration and fall within the exclusion reflected in the governing circular. The impugned demand was set aside and the appeal allowed with consequential relief. en-us Fri, 16 Nov 2018 00:00:00 +0530 Tue, 30 Apr 2019 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370641 Refundable maintenance security collected under a builder agreement is treated as a deposit, not consideration for maintenance services, because it is refundable on termination and intended only to secure performance and cover default in maintenance charges; on that basis, it is outside the taxable value. External development charges collected from buyers and remitted to the statutory development authority are likewise excluded from service tax, as they are not retained by the builder as service consideration and fall within the exclusion reflected in the governing circular. The impugned demand was set aside and the appeal allowed with consequential relief. Case-Laws Service Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370641