Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
CESTAT upheld the service tax demand on royalty payment to foreign parent company under Reverse Charge Mechanism. The tribunal rejected the appellant's revenue neutrality defense, finding it insufficient to nullify the tax demand. While acknowledging substantial compliance by the appellant, who paid the unpaid service tax before the show cause notice, the tribunal modified the penalty from maximum permissible to Rs. 10,00,000. The core legal principle affirmed was that revenue neutrality cannot be a generic defense against statutory tax obligations. The appellate order was largely sustained with a partial modification of the penalty quantum.
CESTAT upheld the service tax demand on royalty payment to foreign parent company under Reverse Charge Mechanism. The tribunal rejected the appellant's revenue neutrality defense, finding it insufficient to nullify the tax demand. While acknowledging substantial compliance by the appellant, who paid the unpaid service tax before the show cause notice, the tribunal modified the penalty from maximum permissible to Rs. 10,00,000. The core legal principle affirmed was that revenue neutrality cannot be a generic defense against statutory tax obligations. The appellate order was largely sustained with a partial modification of the penalty quantum.
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