https://www.taxtmi.com/caselaws?id=374077 The Tribunal ruled in favor of the appellant, a subsidiary of a government company, in a tax dispute related to payments to foreign consultants. It held that no service tax liability arises on payments made to foreign entities before 18.04.2006, citing a precedent. However, for services received post this date, the appellant was liable for tax discharge under Section 66A of the Finance Act, 1994. The Tribunal upheld the tax and interest payment but set aside penalties, considering the appellant's genuine belief and the legal uncertainties at the time. Penalties imposed were consequently overturned. en-us Thu, 17 Jan 2019 00:00:00 +0530 Fri, 25 Jan 2019 09:04:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374077 The Tribunal ruled in favor of the appellant, a subsidiary of a government company, in a tax dispute related to payments to foreign consultants. It held that no service tax liability arises on payments made to foreign entities before 18.04.2006, citing a precedent. However, for services received post this date, the appellant was liable for tax discharge under Section 66A of the Finance Act, 1994. The Tribunal upheld the tax and interest payment but set aside penalties, considering the appellant's genuine belief and the legal uncertainties at the time. Penalties imposed were consequently overturned. Case-Laws Service Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374077