Posts Tagged
‘"Service Tax"’

Indian Additives Ltd. Vs Commissioner of GST (CESTAT Chennai) The appellants are engaged in the manufacture of additives. They entered into technical assistance agreements with M/s. Chevron Oronite Company LLC, USA. As per the agreement, the appellant is paying royalty to the foreign company on the basis of net sales of the products manufactured by […]

Hindustan Zinc Ltd. Vs Commissioner (CESTAT Delhi) Conclusion: CESTAT  quashed the demand for service tax on foreign remittance as assessee had paid the service tax on a higher value than proposed by the Department and also the demand had been dropped for the year 2010-2011, there was no reason why it should not be dropped […]

Service Tax not leviable on discounts offered by car manufacturers to their dealers for onward transmission to corporate customers In AUTOBAHN ENTERPRISES PVT. LTD. v. COMMISIONER OF SERVICE TAX, [FINAL ORDER NO: A /8673 /2021 dated September 07, 2021], Autobahn Enterprises Pvt. Ltd. (“the Appellant”) was an authorized dealer of M/s Skoda Auto India Pvt […]

No service tax on Income Tax TDS portion paid by recipient In M/s. T.V.S. Motor Company Limited v. The Commissioner of Central Excise & Service Tax [Service Tax Appeal No. 219 of 2009 merged with Service Tax Appeal No. 41077 of 2013 dated August 31, 2021], M/S. TVS Motor Company (“the Petitioner”) had appealed against […]

GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores TopicsService Tax | GST | Investments A wide reading of a recent ruling by an indirect tax tribunal pertaining to venture capital funds could open Pandora’s box for all forms of pooled investment vehicles structured as trusts, including real estate […]

Written by Pranav Mukul , Aanchal Magazine , Edited by Explained Desk | New Delhi | Updated: June 16, 2021 8:09:17 am Cloudtail India, one of the biggest vendors on Amazon India marketplace, has disputed a Rs 54.5 crore service tax claim by the Directorate General of Goods and Service Tax Intelligence (DGGI) in response […]

Does ‘renting of immovable property’ attract a levy of a service tax? Various court findings seem to have answered this question in the affirmative, subsequent to which the definition of the taxable services of renting of immovable property was amended in the Budget of 2010. But this has been challenged before the Supreme Court, which […]

NEW DELHI: Telecom companies swamped by adjusted gross revenue (AGR) dues are set for another hammering. The tax authorities have started sending out notices for service tax and goods and services tax (GST) on the unpaid AGR dues. Notices for paying 15% service tax for the period before the GST regime came into effect and […]