https://www.taxtmi.com/article/detailed?id=10973 Taxability requires an actual service; where a flat booking is cancelled and the advance consideration (including tax collected) is returned, the service contract is terminated, no taxable service has been performed, and the tax paid in relation to that cancelled transaction is refundable as it constitutes a deposit rather than a legitimate tax liability. en-us Thu, 12 Jan 2023 14:19:38 +0530 Thu, 12 Jan 2023 14:19:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10973 Taxability requires an actual service; where a flat booking is cancelled and the advance consideration (including tax collected) is returned, the service contract is terminated, no taxable service has been performed, and the tax paid in relation to that cancelled transaction is refundable as it constitutes a deposit rather than a legitimate tax liability. Articles Service Tax Thu, 12 Jan 2023 14:19:38 +0530 https://www.taxtmi.com/article/detailed?id=10973