Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
Post-search scrutiny assessment remains available where original assessment limitation is unexpired, permitting timely completion under regular assess...
CESTAT held that retention charges from customers who cancelled reservations were not taxable under Section 66E(e) of the Finance Act as there was no agreement to tolerate an act. These amounts constituted damages/compensation rather than consideration for service. Similarly, amounts recovered from employees for subsidized canteen food were not taxable as providing such food was a legal obligation under labor laws, distinct from the restaurant's commercial operations. The Tribunal concluded that service tax could not be levied on either the retention charges or employee meal recoveries, and consequently dismissed the Revenue's appeal, rejecting associated interest and penalty demands.
CESTAT held that retention charges from customers who cancelled reservations were not taxable under Section 66E(e) of the Finance Act as there was no agreement to tolerate an act. These amounts constituted damages/compensation rather than consideration for service. Similarly, amounts recovered from employees for subsidized canteen food were not taxable as providing such food was a legal obligation under labor laws, distinct from the restaurant's commercial operations. The Tribunal concluded that service tax could not be levied on either the retention charges or employee meal recoveries, and consequently dismissed the Revenue's appeal, rejecting associated interest and penalty demands.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
