https://www.taxtmi.com/highlights?id=72013 Legality of demand for service tax under section 66E(e) - The amounts retained towards liquidated damages and also invoked as bank guarantee are not a consideration for tolerating breach of contract. Any amount, which is not a consideration for provision of service, cannot be subjected to service tax - It cannot be agreed that CMRL had received a consideration for tolerating the delay in execution of the projects contracted by them. - AT en-us Fri, 15 Sep 2023 08:52:46 +0530 Fri, 15 Sep 2023 08:52:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72013 Legality of demand for service tax under section 66E(e) - The amounts retained towards liquidated damages and also invoked as bank guarantee are not a consideration for tolerating breach of contract. Any amount, which is not a consideration for provision of service, cannot be subjected to service tax - It cannot be agreed that CMRL had received a consideration for tolerating the delay in execution of the projects contracted by them. - AT Highlights Service Tax Fri, 15 Sep 2023 08:52:46 +0530 https://www.taxtmi.com/highlights?id=72013