Services of extending corporate guarantee without any consideration is not considered as a service

Sowar Pvt Ltd Vs Commissioner of Service Tax (CESTAT Delhi)

CESTAT, New Delhi in Sowar Pvt. Ltd. v. Commissioner of Service Tax [Final Order No. 50607 Of 2023 dated March 29, 2023] held that no service tax is payable as the assessee did not receive any consideration for providing a corporate guarantee.

Facts:

M/s. Sowar Pvt. Ltd. (“the Appellant”) is providing services of repair and m

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