Liquidated Damages & Compensation for Contract Breach Not Liable to Service Tax

South Eastern Coalfields Ltd. Vs Commissioner of Central Excise and Service Tax (CESTAT Delhi) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi allowed the appeal filed by South Eastern Coalfields Ltd. against the order dated 18.12.2018, whereby the Principal Commissioner had confirmed the demand of service tax, interest and penalty by invoking the extended period of limitation under Section 73 of the Finance Act, 1994. The dispute concerned whether compensation, penalties, forfeiture of earnest money deposits (EMD), security deposits, and liquidated damages recovered by ...