https://www.taxtmi.com/caselaws?id=389238 The Tribunal set aside the demand for service tax recovered from Insurance Agents under Section 73A(2) of the Finance Act, 1994, stating that the contractual obligation to reimburse tax paid by the person designated by law does not warrant recourse to Section 73A. Additionally, the Tribunal ruled that service tax on reimbursements for training expenses and the 4% debit adjustment from insurance commission paid to agents were not sustainable. The Tribunal also held that the extended period of limitation could not be invoked due to the appellant's regular filing of tax returns and lack of willful misstatement. The appeal was allowed on 15.11.2019. en-us Fri, 15 Nov 2019 00:00:00 +0530 Fri, 10 Mar 2023 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389238 The Tribunal set aside the demand for service tax recovered from Insurance Agents under Section 73A(2) of the Finance Act, 1994, stating that the contractual obligation to reimburse tax paid by the person designated by law does not warrant recourse to Section 73A. Additionally, the Tribunal ruled that service tax on reimbursements for training expenses and the 4% debit adjustment from insurance commission paid to agents were not sustainable. The Tribunal also held that the extended period of limitation could not be invoked due to the appellant's regular filing of tax returns and lack of willful misstatement. The appeal was allowed on 15.11.2019. Case-Laws Service Tax Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389238