No Service Tax liability can be imposed on Builder on cancellation of booking by flat buyer By Anand Gupta taxguruin

No Service Tax liability can be imposed on Builder on cancellation of booking by flat buyer

CESTAT held that once the buyer of a flat cancelled the booking and the consideration for service was returned, the service contract got terminated and once it is established the no service is provided, then refund of tax for such service becomes admissible.

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