https://www.taxtmi.com/caselaws?id=446625 Where service tax demand was raised solely on the disparity between turnover declared in ST-3 returns and higher income reflected in financial statements, the Tribunal held that the adjudicating authority, after verification and reconciliation, had correctly dropped a substantial portion of the demand; no interference was warranted and the Revenue's appeal against the dropped demand was dismissed. On the balance demand relating to sub-contract work, the Tribunal held that prior to the CBIC clarification dated 23/08/2007, the Department was bound by the earlier clarification; hence, demand up to 22/08/2007 was unsustainable and, additionally, the extended-period demand was barred by limitation. Service tax liability was confined to October 2007-March 2008, with adjustment against amounts already appropriated. en-us Thu, 30 Nov 2023 00:00:00 +0530 Fri, 09 Jan 2026 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446625 Where service tax demand was raised solely on the disparity between turnover declared in ST-3 returns and higher income reflected in financial statements, the Tribunal held that the adjudicating authority, after verification and reconciliation, had correctly dropped a substantial portion of the demand; no interference was warranted and the Revenue's appeal against the dropped demand was dismissed. On the balance demand relating to sub-contract work, the Tribunal held that prior to the CBIC clarification dated 23/08/2007, the Department was bound by the earlier clarification; hence, demand up to 22/08/2007 was unsustainable and, additionally, the extended-period demand was barred by limitation. Service tax liability was confined to October 2007-March 2008, with adjustment against amounts already appropriated. Case-Laws Service Tax Thu, 30 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446625