https://www.taxtmi.com/caselaws?id=348136 The tribunal ruled in favor of the appellant in a tax dispute concerning franchise services provided under a Territory License Agreement with a foreign entity. The tribunal held that the payment made in foreign currency was not subject to service tax under reverse charge. It found that the appellant had already paid substantial service tax on services provided to Indian hotels, making the issue revenue neutral. The tribunal allowed the appeal, stating that the demand for service tax on franchise service was unsustainable due to revenue neutrality and the availability of Cenvat credit. en-us Thu, 31 Aug 2017 00:00:00 +0530 Thu, 26 Apr 2018 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348136 The tribunal ruled in favor of the appellant in a tax dispute concerning franchise services provided under a Territory License Agreement with a foreign entity. The tribunal held that the payment made in foreign currency was not subject to service tax under reverse charge. It found that the appellant had already paid substantial service tax on services provided to Indian hotels, making the issue revenue neutral. The tribunal allowed the appeal, stating that the demand for service tax on franchise service was unsustainable due to revenue neutrality and the availability of Cenvat credit. Case-Laws Service Tax Thu, 31 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348136