Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Renting services in the precincts of a religious place were considered for exemption under Notification No. 25/2012-ST, and the exemption claim was remanded to the Original Authority for fresh adjudication in accordance with law and the relevant Board circular. In valuation, the Tribunal held that where the Revenue does not show that service tax was separately collected, the gross consideration must be treated as cum-tax under Section 67(2), and the tax liability must be recomputed accordingly. On penalty and limitation, the absence of material showing suppression or intent to evade meant Section 78 penalty could not stand, and the demand could survive only for the normal period of limitation.
Renting services in the precincts of a religious place were considered for exemption under Notification No. 25/2012-ST, and the exemption claim was remanded to the Original Authority for fresh adjudication in accordance with law and the relevant Board circular. In valuation, the Tribunal held that where the Revenue does not show that service tax was separately collected, the gross consideration must be treated as cum-tax under Section 67(2), and the tax liability must be recomputed accordingly. On penalty and limitation, the absence of material showing suppression or intent to evade meant Section 78 penalty could not stand, and the demand could survive only for the normal period of limitation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
