https://www.taxtmi.com/caselaws?id=325624 The Tribunal determined that the respondent is an associate enterprise of M/s. Deutsche Mutual Fund and held that the point of taxation is based on the date of the first entry in the books of account, regardless of whether it is provisional or final. Consequently, the demand for interest on delayed service tax payment was upheld. Penalties under Sections 76 and 77 of the Finance Act were not imposed as the issue concerned interpretation rather than non-payment of service tax. The Revenue's appeal was partly allowed, modifying the impugned order. en-us Fri, 19 Feb 2016 00:00:00 +0530 Mon, 27 Mar 2017 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325624 The Tribunal determined that the respondent is an associate enterprise of M/s. Deutsche Mutual Fund and held that the point of taxation is based on the date of the first entry in the books of account, regardless of whether it is provisional or final. Consequently, the demand for interest on delayed service tax payment was upheld. Penalties under Sections 76 and 77 of the Finance Act were not imposed as the issue concerned interpretation rather than non-payment of service tax. The Revenue's appeal was partly allowed, modifying the impugned order. Case-Laws Service Tax Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325624