https://www.taxtmi.com/caselaws?id=760025 CESTAT Allahabad held that collection of one-time deposits for maintenance and repair of common areas is not subject to service tax liability. The tribunal relied on precedent from CESTAT Mumbai, which was affirmed by Bombay HC, establishing that sinking fund/interest-free maintenance deposits are non-taxable. Consequently, demands for service tax, interest, and penalty were set aside on merits. The appeal was allowed without addressing limitation period issues. en-us Fri, 19 Jul 2024 00:00:00 +0530 Tue, 15 Oct 2024 08:39:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760025 CESTAT Allahabad held that collection of one-time deposits for maintenance and repair of common areas is not subject to service tax liability. The tribunal relied on precedent from CESTAT Mumbai, which was affirmed by Bombay HC, establishing that sinking fund/interest-free maintenance deposits are non-taxable. Consequently, demands for service tax, interest, and penalty were set aside on merits. The appeal was allowed without addressing limitation period issues. Case-Laws Service Tax Fri, 19 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760025