Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
The appellant, a vehicle dealer, purchases vehicles from manufacturers like Maruti Suzuki and Renault, and subsequently sells them to customers. The discount/incentive received from manufacturers based on yearly sales performance is not a service, but a discount on the sale value of vehicles, hence not liable to service tax. This issue is settled by various judgments. Booking cancellation charges received by the appellant are not consideration for service but compensation, as held in Divine Autotech case and clarified in Circular No. 178/10/2022-GST. Therefore, service tax is not leviable on discounts/incentives from manufacturers or booking cancellation charges.
The appellant, a vehicle dealer, purchases vehicles from manufacturers like Maruti Suzuki and Renault, and subsequently sells them to customers. The discount/incentive received from manufacturers based on yearly sales performance is not a service, but a discount on the sale value of vehicles, hence not liable to service tax. This issue is settled by various judgments. Booking cancellation charges received by the appellant are not consideration for service but compensation, as held in Divine Autotech case and clarified in Circular No. 178/10/2022-GST. Therefore, service tax is not leviable on discounts/incentives from manufacturers or booking cancellation charges.
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