https://www.taxtmi.com/caselaws?id=756502 CESTAT NEW DELHI held that discounts/incentives received by appellant under dealership agreement for achieving sales targets constitute trade discounts, not consideration for taxable services. The Tribunal distinguished these incentives from Business Auxiliary Services, ruling they form part of trading activity rather than service as defined under Section 65B(44) of Finance Act. Regarding extended limitation period, CESTAT found show cause notice time-barred as department failed to establish specific acts of suppression or concealment by appellant. The original adjudicating authority's findings were set aside and appeal allowed. en-us Fri, 02 Aug 2024 00:00:00 +0530 Mon, 05 Aug 2024 07:04:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756502 CESTAT NEW DELHI held that discounts/incentives received by appellant under dealership agreement for achieving sales targets constitute trade discounts, not consideration for taxable services. The Tribunal distinguished these incentives from Business Auxiliary Services, ruling they form part of trading activity rather than service as defined under Section 65B(44) of Finance Act. Regarding extended limitation period, CESTAT found show cause notice time-barred as department failed to establish specific acts of suppression or concealment by appellant. The original adjudicating authority's findings were set aside and appeal allowed. Case-Laws Service Tax Fri, 02 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756502