Demand Reconsideration Ordered as Journal Entries and ST-3 Returns Required Detailed Matching

National Insurance Co. Ltd. Vs Commissioner of Central Excise And Service Tax (CESTAT Bangalore) The appellant, a public sector undertaking, was engaged in providing Insurance Auxiliary Services and employed various agents for soliciting business, on whose commissions Service Tax was paid. During an audit covering the period 2002-03 to 30.09.2006, it was noticed that the commission amounts reflected in the trial balance were higher than the commission values disclosed in the ST-3 returns. Based on this difference, the department alleged short payment of Service Tax amounting to ₹8,29,025 and...