https://www.taxtmi.com/caselaws?id=375942 The Tribunal remanded the case to re-examine Service Tax issues on advances received and loans, emphasizing the necessity of proper evidence and legal basis for tax demands. It ruled in favor of the Appellant on various grounds, including no Service Tax on returned amounts, genuine advances attracting tax, and improper denial of Cenvat Credit on cancelled bookings. The judgment stressed the importance of accurate tax calculations and fair resolution of disputes, directing consideration of the Appellant's financial distress in payment delays. en-us Wed, 27 Feb 2019 00:00:00 +0530 Thu, 28 Feb 2019 06:59:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375942 The Tribunal remanded the case to re-examine Service Tax issues on advances received and loans, emphasizing the necessity of proper evidence and legal basis for tax demands. It ruled in favor of the Appellant on various grounds, including no Service Tax on returned amounts, genuine advances attracting tax, and improper denial of Cenvat Credit on cancelled bookings. The judgment stressed the importance of accurate tax calculations and fair resolution of disputes, directing consideration of the Appellant's financial distress in payment delays. Case-Laws Service Tax Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375942