https://www.taxtmi.com/caselaws?id=370876 The Appellate Tribunal CESTAT NEW DELHI set aside the demand for service tax on amounts received by the appellant before 2010, ruling that liability before the amendment to the Finance Act was not sustainable. The appellant was granted a 75% abatement rate instead of a lower rate initially calculated, leading to a remand for correct computation. Allegations of suppression were dismissed due to the appellant's reasonable belief regarding tax payment, resulting in penalties being deemed time-barred. The matter was remanded for recalculating the demand with the appropriate abatement rate. en-us Fri, 31 Aug 2018 00:00:00 +0530 Sat, 24 Nov 2018 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370876 The Appellate Tribunal CESTAT NEW DELHI set aside the demand for service tax on amounts received by the appellant before 2010, ruling that liability before the amendment to the Finance Act was not sustainable. The appellant was granted a 75% abatement rate instead of a lower rate initially calculated, leading to a remand for correct computation. Allegations of suppression were dismissed due to the appellant's reasonable belief regarding tax payment, resulting in penalties being deemed time-barred. The matter was remanded for recalculating the demand with the appropriate abatement rate. Case-Laws Service Tax Fri, 31 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370876