https://www.taxtmi.com/caselaws?id=437759 Service tax on air travel agency commission could be adjusted through credit notes for cancelled tickets where the governing trade notice contemplated cancellation adjustments and tax was discharged on net commission. The Tribunal followed the settled practice recognised in earlier appellate authority and held that, on those facts, no separate refund claim was required for amounts later reversed. The demand for tax, interest and penalty therefore could not be sustained, and the adjustment mechanism was treated as permissible for cancelled air tickets. en-us Tue, 09 May 2023 00:00:00 +0530 Mon, 15 May 2023 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437759 Service tax on air travel agency commission could be adjusted through credit notes for cancelled tickets where the governing trade notice contemplated cancellation adjustments and tax was discharged on net commission. The Tribunal followed the settled practice recognised in earlier appellate authority and held that, on those facts, no separate refund claim was required for amounts later reversed. The demand for tax, interest and penalty therefore could not be sustained, and the adjustment mechanism was treated as permissible for cancelled air tickets. Case-Laws Service Tax Tue, 09 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437759