Security Agency Liable for Full Service Tax as Bank Records and ITR Data Corroborate Receipts

PNG Detective & Security Pvt. Ltd. Vs Commissioner (CESTAT Delhi) In PNG Detective & Security Pvt. Ltd. Vs Commissioner, the CESTAT Delhi upheld the confirmation of service tax demand amounting to Rs.1,97,00,328/- under Section 73(2) of the Finance Act, 1994, along with interest and equivalent penalty. A separate penalty of Rs.10,000/- under Section 77 was also imposed. However, the Tribunal granted the benefit of cum-tax valuation and remanded the matter to the original authority solely for recalculation of tax and penalty on that basis. The appellant was registered under “security ...