No service Tax on the amount collected towards liquidated damages and theft of electricity : CESTAT

GST/EXCISE/ST/VAT : Where assessee was engaged in distribution of electricity and it collected amount towards (i) liquidated damages from contractors and suppliers when they failed to ensure compliance of terms of contract within time stipulated and (ii) theft of electricity from customers, said amount was not collected by assessee towards consideration for tolerating an act and no service tax was leviable on it under provisions of section 66E(e)

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