https://www.taxtmi.com/caselaws?id=391597 The Appellate Tribunal CESTAT NEW DELHI partially allowed the appeal challenging the imposition of service tax on turnover/transaction charges. The Tribunal upheld the demand for service tax from 16.05.2008 onwards, along with penalties for non-depositing collected service tax. It affirmed the Appellant's entitlement to Cenvat Credit on the charges but remanded the matter for further assessment on credit availment. The decision highlighted the complexities of service tax levy, Cenvat Credit entitlement, and penalty imposition in the case. en-us Wed, 08 Jan 2020 00:00:00 +0530 Mon, 03 Feb 2020 11:06:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391597 The Appellate Tribunal CESTAT NEW DELHI partially allowed the appeal challenging the imposition of service tax on turnover/transaction charges. The Tribunal upheld the demand for service tax from 16.05.2008 onwards, along with penalties for non-depositing collected service tax. It affirmed the Appellant's entitlement to Cenvat Credit on the charges but remanded the matter for further assessment on credit availment. The decision highlighted the complexities of service tax levy, Cenvat Credit entitlement, and penalty imposition in the case. Case-Laws Service Tax Wed, 08 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391597