https://www.taxtmi.com/caselaws?id=380758 Reverse charge service tax applied only where the recipient was a business entity or body corporate. The definition of "business entity" under Section 65B(17) of the Finance Act, 1994 covered persons ordinarily carrying on industry, commerce or business, but the institute's governing statute showed its core functions were instruction, research and dissemination of knowledge, not commercial activity. The industrial law meaning of "industry" was held inapplicable in the taxing context, and the institute did not fall within "body corporate" under Section 65(14) of the Finance Act, 1994 read with the Companies Act definition. Accordingly, it was not liable under reverse charge for manpower supply and works contract services. en-us Tue, 23 Apr 2019 00:00:00 +0530 Mon, 25 Nov 2019 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380758 Reverse charge service tax applied only where the recipient was a business entity or body corporate. The definition of "business entity" under Section 65B(17) of the Finance Act, 1994 covered persons ordinarily carrying on industry, commerce or business, but the institute's governing statute showed its core functions were instruction, research and dissemination of knowledge, not commercial activity. The industrial law meaning of "industry" was held inapplicable in the taxing context, and the institute did not fall within "body corporate" under Section 65(14) of the Finance Act, 1994 read with the Companies Act definition. Accordingly, it was not liable under reverse charge for manpower supply and works contract services. Case-Laws Service Tax Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380758