https://www.taxtmi.com/highlights?id=76239 Demand of service tax on amounts collected as penalties under various contracts - The petitioner argued that these amounts did not involve any value addition or service element, thus not attracting service tax liability. - The petitioner relied on a circular dated 3.8.2022 and a judgment of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), which influenced the decision not to challenge the orders. The court needed to consider the implications of these subsequent events on the original show cause notice. - Matter restored back. en-us Mon, 01 Apr 2024 20:10:55 +0530 Mon, 01 Apr 2024 20:10:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76239 Demand of service tax on amounts collected as penalties under various contracts - The petitioner argued that these amounts did not involve any value addition or service element, thus not attracting service tax liability. - The petitioner relied on a circular dated 3.8.2022 and a judgment of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), which influenced the decision not to challenge the orders. The court needed to consider the implications of these subsequent events on the original show cause notice. - Matter restored back. Highlights Service Tax Mon, 01 Apr 2024 20:10:55 +0530 https://www.taxtmi.com/highlights?id=76239