https://www.taxtmi.com/caselaws?id=433187 The tribunal ruled in favor of the appellant, determining that the amounts collected as penalties or liquidated damages were not subject to service tax. The tribunal held that the appellant's actions did not constitute a "declared service" under section 66E(e) of the Finance Act, as there was no clear agreement specifying consideration for tolerating an act or situation. Consequently, the imposition of interest and penalty was deemed unsustainable, leading to the setting aside of the Commissioner's order and allowing the appeal. en-us Fri, 13 Jan 2023 00:00:00 +0530 Tue, 25 Jul 2023 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433187 The tribunal ruled in favor of the appellant, determining that the amounts collected as penalties or liquidated damages were not subject to service tax. The tribunal held that the appellant's actions did not constitute a "declared service" under section 66E(e) of the Finance Act, as there was no clear agreement specifying consideration for tolerating an act or situation. Consequently, the imposition of interest and penalty was deemed unsustainable, leading to the setting aside of the Commissioner's order and allowing the appeal. Case-Laws Service Tax Fri, 13 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433187