Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
Service tax refund claim allowed by Appellate Tribunal for...
Service tax refund allowed on additional charges recovered from customers without availing CENVAT credit. Gross amount charged basis for service tax payable.
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 refund claim allowed by Appellate Tribunal for additional service tax paid on charges recovered from customers. Appellant issued credit notes to customers for additional charges along with service tax thereon. Customers did not avail CENVAT credit. As per contract, appellant was required to transmit gas through pipeline to buyers' premises. Additional charges over approved rate for gas transmission during October 2008 to July 2009 were not approved by Ministry. Service tax payable u/s 67 on gross amount charged by service provider. Since gross amount charged was less by additional service charge, service tax paid thereon is refundable. Impugned order set aside, appeal allowed.
Service tax refund claim allowed by Appellate Tribunal for additional service tax paid on charges recovered from customers. Appellant issued credit notes to customers for additional charges along with service tax thereon. Customers did not avail CENVAT credit. As per contract, appellant was required to transmit gas through pipeline to buyers' premises. Additional charges over approved rate for gas transmission during October 2008 to July 2009 were not approved by Ministry. Service tax payable u/s 67 on gross amount charged by service provider. Since gross amount charged was less by additional service charge, service tax paid thereon is refundable. Impugned order set aside, appeal allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
