https://www.taxtmi.com/caselaws?id=447219 CESTAT New Delhi ruled in favor of appellant regarding service tax liability on four disputed items. The tribunal held that debit notes issued for price adjustments were mere book entries without consideration, making them non-taxable. Notice pay recovery was deemed not subject to service tax based on HC precedent. Cheque bounce penalties were ruled deterrent in nature rather than consideration for services, supported by GST circular reasoning. Liquidated damages demand was unsustainable following SC dismissal of department's appeal. Commissioner's order dated 08.03.2018 was set aside and appeal allowed. en-us Thu, 07 Dec 2023 00:00:00 +0530 Thu, 21 Dec 2023 09:27:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447219 CESTAT New Delhi ruled in favor of appellant regarding service tax liability on four disputed items. The tribunal held that debit notes issued for price adjustments were mere book entries without consideration, making them non-taxable. Notice pay recovery was deemed not subject to service tax based on HC precedent. Cheque bounce penalties were ruled deterrent in nature rather than consideration for services, supported by GST circular reasoning. Liquidated damages demand was unsustainable following SC dismissal of department's appeal. Commissioner's order dated 08.03.2018 was set aside and appeal allowed. Case-Laws Service Tax Thu, 07 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447219