https://www.taxtmi.com/caselaws?id=431406 The appeal was allowed, and the court set aside the portion of the order holding the appellant liable to pay service tax at enhanced rates. The court held that the notifications enhancing service tax rates could not be applied retrospectively to contracts where the Composition Scheme option had been exercised. The court emphasized the Doctrine of Promissory Estoppel, stating that once the option was exercised, the rates at that time should apply for the entire contract period. The court also found the invocation of the extended period of limitation for issuing show cause notices flawed and illegal. The appellant agreed to pay the enhanced rates for a specific period along with interest. en-us Tue, 06 Dec 2022 00:00:00 +0530 Fri, 06 Oct 2023 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431406 The appeal was allowed, and the court set aside the portion of the order holding the appellant liable to pay service tax at enhanced rates. The court held that the notifications enhancing service tax rates could not be applied retrospectively to contracts where the Composition Scheme option had been exercised. The court emphasized the Doctrine of Promissory Estoppel, stating that once the option was exercised, the rates at that time should apply for the entire contract period. The court also found the invocation of the extended period of limitation for issuing show cause notices flawed and illegal. The appellant agreed to pay the enhanced rates for a specific period along with interest. Case-Laws Service Tax Tue, 06 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431406