https://www.taxtmi.com/caselaws?id=347478 Service tax was payable on amounts provided in the books of account for services received from foreign group companies under section 66A read with section 67 of the Finance Act, 1994, as amended for associated enterprise transactions. However, the assessee had already paid the tax and interest before the show-cause notice, had invoked the protection of section 73(3), and the non-payment was treated as an inadvertent continuation of an earlier practice. Because the duty was revenue neutral through available Cenvat credit, suppression was not established and section 73(4) did not apply. The demand, interest and penalties were therefore not sustainable. en-us Thu, 31 Aug 2017 00:00:00 +0530 Sat, 07 Oct 2017 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347478 Service tax was payable on amounts provided in the books of account for services received from foreign group companies under section 66A read with section 67 of the Finance Act, 1994, as amended for associated enterprise transactions. However, the assessee had already paid the tax and interest before the show-cause notice, had invoked the protection of section 73(3), and the non-payment was treated as an inadvertent continuation of an earlier practice. Because the duty was revenue neutral through available Cenvat credit, suppression was not established and section 73(4) did not apply. The demand, interest and penalties were therefore not sustainable. Case-Laws Service Tax Thu, 31 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347478