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The website www.taxguru.in is dedicated to providing free updates to professionals in the field of finance and accounting, including Chartered Accountants, Comp.
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CESTAT: Ocean Freight Trading Not Service; Vague Service Tax Demand of Rs. 20.32 Lakh Set Aside
CESTAT Hyderabad held that Balaji Integrated Shipping was trading in container space and set aside Ocean Freight Service Tax demands of Rs.60.56 lakh and Rs.21.12 lakh. Vague Rs.20.32 lakh demand also quashed.The post CESTAT: Ocean Freight Trading Not Ser
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CESTAT Chennai: Unbilled Revenue Not Taxable Before Receipt Under Rule 6 of Service Tax Rules
CESTAT Chennai held that unbilled revenue of Rs.23.75 crore was not taxable to Service Tax in FY 2008-09 as it had not been received, while advances were taxable on receipt basis under Rule 6 of the Service Tax Rules, 1994.The post CESTAT Chennai: Unbille
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CESTAT Chandigarh Sets Aside Service Tax Demand on Franchise Service and Vague SCN
CESTAT Chandigarh allowed Aircom International India Pvt. Ltd.'s appeal, holding that software licensing did not constitute Franchise Service and that a vague Show Cause Notice could not sustain the service tax demand.The post CESTAT Chandigarh Sets Aside
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CESTAT Chandigarh Sets Aside 1.04 Crore Service Tax Demand Based on ST-3 & 26AS/ITR Mismatch
CESTAT Chandigarh set aside 1.04 crore service tax demand against Rakesh Singhal, holding that demand cannot rest solely on ST-3 and 26AS/ITR differences and finding RCM, GTA exemption, computation and limitation issues in appellant's favour.The post CEST
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CESTAT Chandigarh Sets Aside Service Tax on Cheque Bouncing & Foreclosure Charges
CESTAT Chandigarh sets aside service tax demands on cheque bouncing and foreclosure charges, operating lease rentals, import of services and CENVAT credit interest, holding demands unsustainable on merits and limitation.The post CESTAT Chandigarh Sets Asi
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