Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Exemption for non-air-conditioned restaurant services survives where the establishment's air-conditioned section is separately identifiable and taxable.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Service tax on food and beverages served in a non-air-conditioned restaurant area was treated as outside the levy where the same establishment also contained an air-conditioned section. The exemption entry under Notification No. 25/2012-ST, as amended, was read in light of the levy's original focus on air-conditioned restaurants, supported by contemporanea exposition and the Board's clarification. Physical demarcation, separate billing, different pricing and distinct operation showed two severable restaurant services despite a common kitchen, so the non-air-conditioned area remained exempt and the demand was set aside.
Service tax on food and beverages served in a non-air-conditioned restaurant area was treated as outside the levy where the same establishment also contained an air-conditioned section. The exemption entry under Notification No. 25/2012-ST, as amended, was read in light of the levy's original focus on air-conditioned restaurants, supported by contemporanea exposition and the Board's clarification. Physical demarcation, separate billing, different pricing and distinct operation showed two severable restaurant services despite a common kitchen, so the non-air-conditioned area remained exempt and the demand was set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
