https://www.taxtmi.com/caselaws?id=754165 The Division Bench ruled the imposition of service tax on chit fund subscriptions before the 2015 amendment as illegal, ordering refunds to eligible assesses. Refund applications must be filed within one year from the judgment date. The petitioner's refund claim was dismissed due to non-compliance with the limitation period under Section 11B of the Central Excise Act, 1944. The court confirmed the amendment's prospective effect, rejecting the petitioner's argument for refunds without a limitation period. Consequently, the writ petition was dismissed for lack of merit, and a show cause notice was issued for service tax arrears. en-us Thu, 21 Mar 2024 00:00:00 +0530 Wed, 19 Jun 2024 08:31:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754165 The Division Bench ruled the imposition of service tax on chit fund subscriptions before the 2015 amendment as illegal, ordering refunds to eligible assesses. Refund applications must be filed within one year from the judgment date. The petitioner's refund claim was dismissed due to non-compliance with the limitation period under Section 11B of the Central Excise Act, 1944. The court confirmed the amendment's prospective effect, rejecting the petitioner's argument for refunds without a limitation period. Consequently, the writ petition was dismissed for lack of merit, and a show cause notice was issued for service tax arrears. Case-Laws Service Tax Thu, 21 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754165