Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
CESTAT ruled that advertising services to print media fall under the negative list in section 66(b)(g) of Finance Act, making them non-taxable, following precedent in Adbur Pvt. Ltd. However, commission received for these services remains taxable. The Tribunal held the extended period of limitation was improperly invoked as appellant's failure to register for service tax was reasonable given the negative list status of their services. Additionally, appellant qualified for the small service provider exemption under Notification No.33/2012 for FY 2016-17 and 2017-18, as their previous year turnover remained below the Rs.10 lakh threshold. Appeal allowed.
CESTAT ruled that advertising services to print media fall under the negative list in section 66(b)(g) of Finance Act, making them non-taxable, following precedent in Adbur Pvt. Ltd. However, commission received for these services remains taxable. The Tribunal held the extended period of limitation was improperly invoked as appellant's failure to register for service tax was reasonable given the negative list status of their services. Additionally, appellant qualified for the small service provider exemption under Notification No.33/2012 for FY 2016-17 and 2017-18, as their previous year turnover remained below the Rs.10 lakh threshold. Appeal allowed.
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