https://www.taxtmi.com/caselaws?id=377800 The Tribunal upheld the jurisdiction of the Central Excise Officer to issue the Show Cause Notice and adjudicate the case. It ruled in favor of the appellants concerning the liability to pay Service Tax under the 'reverse charge mechanism' for services received before a specified date. The Tribunal determined that commission charges received in foreign currency were not taxable but required computation of Service Tax for a period with payments in Indian currency. Penalties under Sections 76 & 78 of the Finance Act, 1994 were imposed, with penalties under Section 76 set aside, penalties under Section 77 upheld, and penalties under Section 78 limited to the duty computed. en-us Tue, 02 Apr 2019 00:00:00 +0530 Thu, 04 Apr 2019 07:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377800 The Tribunal upheld the jurisdiction of the Central Excise Officer to issue the Show Cause Notice and adjudicate the case. It ruled in favor of the appellants concerning the liability to pay Service Tax under the 'reverse charge mechanism' for services received before a specified date. The Tribunal determined that commission charges received in foreign currency were not taxable but required computation of Service Tax for a period with payments in Indian currency. Penalties under Sections 76 & 78 of the Finance Act, 1994 were imposed, with penalties under Section 76 set aside, penalties under Section 77 upheld, and penalties under Section 78 limited to the duty computed. Case-Laws Service Tax Tue, 02 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377800