https://www.taxtmi.com/caselaws?id=797048 Service-tax demands for Works Contract Service and Goods Transport Agency service require a reasoned reconciliation of taxable value, statutory returns, books of account, payment challans and CENVAT credit records; discrepancies between balance-sheet figures and ST-3 returns alone do not establish short-payment. Composite contracts involving transfer of property in goods and services require assessment under Works Contract Service after its introduction. Reverse-charge liability for GTA service does not dispense with verification of payments, appropriations, adjustments and recoverable balance. Extended limitation under the proviso to Section 73(1) requires evidence of fraud, wilful misstatement or suppression with intent to evade tax; audit discrepancies alone are insufficient. Failure to meet these requirements renders the demand, consequential interest and penalties unsustainable. en-us Wed, 12 Aug 2026 00:00:00 +0530 Mon, 17 Aug 2026 08:38:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797048 Service-tax demands for Works Contract Service and Goods Transport Agency service require a reasoned reconciliation of taxable value, statutory returns, books of account, payment challans and CENVAT credit records; discrepancies between balance-sheet figures and ST-3 returns alone do not establish short-payment. Composite contracts involving transfer of property in goods and services require assessment under Works Contract Service after its introduction. Reverse-charge liability for GTA service does not dispense with verification of payments, appropriations, adjustments and recoverable balance. Extended limitation under the proviso to Section 73(1) requires evidence of fraud, wilful misstatement or suppression with intent to evade tax; audit discrepancies alone are insufficient. Failure to meet these requirements renders the demand, consequential interest and penalties unsustainable. Case-Laws Service Tax Wed, 12 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797048