https://www.taxtmi.com/caselaws?id=770747 CESTAT Bangalore partially allowed a construction company's appeal against service tax demands totaling over Rs. 1 crore. The tribunal set aside reversal of CENVAT credit of Rs. 63,07,843/- but upheld proportionate credit reversal for flats sold post-completion certificate, remanding for re-quantification. Service tax demands of Rs. 24,72,000/- on JDA cancellation compensation and Rs. 2,06,186/- on booking forfeiture were set aside as not constituting taxable services. However, demands of Rs. 3,19,777/- for parking area development and Rs. 1,27,726/- for interior design consultancy were upheld as accepted by appellant. The tribunal rejected extended limitation period citing lack of suppression evidence and set aside all penalties under Sections 77 and 78. en-us Fri, 09 May 2025 00:00:00 +0530 Fri, 16 May 2025 08:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770747 CESTAT Bangalore partially allowed a construction company's appeal against service tax demands totaling over Rs. 1 crore. The tribunal set aside reversal of CENVAT credit of Rs. 63,07,843/- but upheld proportionate credit reversal for flats sold post-completion certificate, remanding for re-quantification. Service tax demands of Rs. 24,72,000/- on JDA cancellation compensation and Rs. 2,06,186/- on booking forfeiture were set aside as not constituting taxable services. However, demands of Rs. 3,19,777/- for parking area development and Rs. 1,27,726/- for interior design consultancy were upheld as accepted by appellant. The tribunal rejected extended limitation period citing lack of suppression evidence and set aside all penalties under Sections 77 and 78. Case-Laws Service Tax Fri, 09 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770747