https://www.taxtmi.com/caselaws?id=374401 Imported taxable services received in India were liable to service tax under the reverse charge framework, because Section 66A of the Finance Act, 1994, read with Rule 2(1)(d)(iv) and the relevant notification, placed the tax burden on the Indian recipient. Discrepancies between balance sheet figures and the ST-3 return did not, by themselves, justify demand unless the disputed heads were properly verified under Section 67 and shown to be taxable. The valuation required re-examination of items such as salaries, travel abroad expenses, medical check-up expenses outside India, and reinsurance premium adjustments. The matter was remitted for reconsideration with liberty to examine limitation. en-us Wed, 30 Jan 2019 00:00:00 +0530 Fri, 01 Feb 2019 07:29:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374401 Imported taxable services received in India were liable to service tax under the reverse charge framework, because Section 66A of the Finance Act, 1994, read with Rule 2(1)(d)(iv) and the relevant notification, placed the tax burden on the Indian recipient. Discrepancies between balance sheet figures and the ST-3 return did not, by themselves, justify demand unless the disputed heads were properly verified under Section 67 and shown to be taxable. The valuation required re-examination of items such as salaries, travel abroad expenses, medical check-up expenses outside India, and reinsurance premium adjustments. The matter was remitted for reconsideration with liberty to examine limitation. Case-Laws Service Tax Wed, 30 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374401