https://www.taxtmi.com/caselaws?id=336824 The Tribunal held that the amendment in Rule 6 of the Service Tax Rules, 1994, requiring immediate payment of service tax upon entry in the books of accounts, should be applied prospectively. The legislative intent was to prevent tax avoidance, supporting a prospective application to uphold fairness. Consequently, the service tax demand for outstanding service fees not realized during the disputed period was set aside, ruling in favor of the appellant in the case concerning management consultancy services provided to its associated enterprise. en-us Fri, 16 Dec 2016 00:00:00 +0530 Wed, 30 Aug 2017 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336824 The Tribunal held that the amendment in Rule 6 of the Service Tax Rules, 1994, requiring immediate payment of service tax upon entry in the books of accounts, should be applied prospectively. The legislative intent was to prevent tax avoidance, supporting a prospective application to uphold fairness. Consequently, the service tax demand for outstanding service fees not realized during the disputed period was set aside, ruling in favor of the appellant in the case concerning management consultancy services provided to its associated enterprise. Case-Laws Service Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336824