https://www.taxtmi.com/caselaws?id=429728 The tribunal ruled that the subsidies received from BCCI were not taxable as service charges for event management services. The extended period of limitation was upheld due to the appellant's failure to demonstrate a bona fide belief of non-liability to service tax. The respondent was held liable to pay interest on the confirmed service tax demands. Penalties under sections 76 and 77 were upheld, except for the case of renting immovable property, where penalties were challenged. The tribunal dismissed the revenue's appeal and affirmed the adjudicating authority's decision. en-us Wed, 02 Nov 2022 00:00:00 +0530 Wed, 16 Aug 2023 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429728 The tribunal ruled that the subsidies received from BCCI were not taxable as service charges for event management services. The extended period of limitation was upheld due to the appellant's failure to demonstrate a bona fide belief of non-liability to service tax. The respondent was held liable to pay interest on the confirmed service tax demands. Penalties under sections 76 and 77 were upheld, except for the case of renting immovable property, where penalties were challenged. The tribunal dismissed the revenue's appeal and affirmed the adjudicating authority's decision. Case-Laws Service Tax Wed, 02 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429728