https://www.taxtmi.com/caselaws?id=792729 Provision of a corporate guarantee without consideration is not a taxable service under section 65B(44) of the Finance Act, 1994 in the post-negative list regime. Taxability under section 66B depends on an activity for another supported by consideration; where no commission, fee, or other consideration is shown, the transaction falls outside service tax. Non-monetary benefits may be relevant to valuation under section 67, but they cannot create taxability when the basic charging condition is absent. On that basis, a remand for quantification serves no purpose if the demand is founded on a non-taxable transaction. en-us Fri, 29 May 2026 00:00:00 +0530 Wed, 03 Jun 2026 08:50:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792729 Provision of a corporate guarantee without consideration is not a taxable service under section 65B(44) of the Finance Act, 1994 in the post-negative list regime. Taxability under section 66B depends on an activity for another supported by consideration; where no commission, fee, or other consideration is shown, the transaction falls outside service tax. Non-monetary benefits may be relevant to valuation under section 67, but they cannot create taxability when the basic charging condition is absent. On that basis, a remand for quantification serves no purpose if the demand is founded on a non-taxable transaction. Case-Laws Service Tax Fri, 29 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792729