https://www.taxtmi.com/caselaws?id=445999 The appeal by the Department was dismissed, affirming the decision of the Commissioner (Appeals) that providing corporate guarantees to subsidiary units without any consideration does not attract service tax. The decision relied on precedents set by the SC and the Delhi HC, which established that such guarantees without consideration do not constitute a taxable service. The Department's argument was rejected, and the respondent's position, supported by a recent SC ruling, was upheld. en-us Wed, 01 Nov 2023 00:00:00 +0530 Mon, 01 Jun 2026 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445999 The appeal by the Department was dismissed, affirming the decision of the Commissioner (Appeals) that providing corporate guarantees to subsidiary units without any consideration does not attract service tax. The decision relied on precedents set by the SC and the Delhi HC, which established that such guarantees without consideration do not constitute a taxable service. The Department's argument was rejected, and the respondent's position, supported by a recent SC ruling, was upheld. Case-Laws Service Tax Wed, 01 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445999