https://www.taxtmi.com/caselaws?id=449155 The CESTAT Allahabad held that deposit acceptance activities constitute taxable service under Business Auxiliary Service classification. The appellant's claim that services were without consideration was rejected. Regarding reimbursement expenses, the matter was remanded to adjudicating authority for re-determination after proper documentation. CENVAT credit was denied due to non-compliance with Service Tax Rules. Extended limitation period and mandatory penalty under Section 78 were upheld based on case facts and appellant's conduct. Interest provisions under Section 11AB were confirmed as chargeable. The appeal was partly allowed with directions for recomputation of demand and penalties after allowing admissible reimbursable expenses upon proper documentation. en-us Mon, 29 Jan 2024 00:00:00 +0530 Sat, 03 Feb 2024 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449155 The CESTAT Allahabad held that deposit acceptance activities constitute taxable service under Business Auxiliary Service classification. The appellant's claim that services were without consideration was rejected. Regarding reimbursement expenses, the matter was remanded to adjudicating authority for re-determination after proper documentation. CENVAT credit was denied due to non-compliance with Service Tax Rules. Extended limitation period and mandatory penalty under Section 78 were upheld based on case facts and appellant's conduct. Interest provisions under Section 11AB were confirmed as chargeable. The appeal was partly allowed with directions for recomputation of demand and penalties after allowing admissible reimbursable expenses upon proper documentation. Case-Laws Service Tax Mon, 29 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449155