https://www.taxtmi.com/caselaws?id=753892 CESTAT NEW DELHI allowed the appeal, holding that show cause notices issued after appellant's voluntary payment of service tax dues were invalid. The tribunal found no liability for service tax under Reverse Charge Mechanism for business auxiliary services as appellants merely facilitated customer loans without rendering services to financial institutions. Demand for service tax on unclaimed creditors written off was rejected as amounts from accessory sales cannot constitute service provision. Extended limitation period was improperly invoked absent evidence of willful suppression or mala fide intent. The show cause notice was deemed void ab initio and time-barred, with no penalties imposable. en-us Wed, 05 Jun 2024 00:00:00 +0530 Thu, 13 Jun 2024 08:09:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753892 CESTAT NEW DELHI allowed the appeal, holding that show cause notices issued after appellant's voluntary payment of service tax dues were invalid. The tribunal found no liability for service tax under Reverse Charge Mechanism for business auxiliary services as appellants merely facilitated customer loans without rendering services to financial institutions. Demand for service tax on unclaimed creditors written off was rejected as amounts from accessory sales cannot constitute service provision. Extended limitation period was improperly invoked absent evidence of willful suppression or mala fide intent. The show cause notice was deemed void ab initio and time-barred, with no penalties imposable. Case-Laws Service Tax Wed, 05 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753892