https://www.taxtmi.com/caselaws?id=417841 Service tax treatment depends on the true nature of receipts and the identity of the service recipient. Subsidy reimbursement wrongly recorded as commission income requires verification and may fall outside the service tax net. A consortium partner providing only financial backing, without responsibility for project execution, is not liable for erection, commissioning and installation services. Under reverse charge, confirmation charges for letter-of-credit services received from a foreign bank are taxable to the applicant, whereas reimbursed SWIFT charges are not taxable where the Indian bank is the recipient. Imported business auxiliary services are taxable under reverse charge, but penalties are unwarranted where Cenvat credit availability negates evasion. en-us Fri, 21 Jan 2022 00:00:00 +0530 Thu, 03 Feb 2022 07:34:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417841 Service tax treatment depends on the true nature of receipts and the identity of the service recipient. Subsidy reimbursement wrongly recorded as commission income requires verification and may fall outside the service tax net. A consortium partner providing only financial backing, without responsibility for project execution, is not liable for erection, commissioning and installation services. Under reverse charge, confirmation charges for letter-of-credit services received from a foreign bank are taxable to the applicant, whereas reimbursed SWIFT charges are not taxable where the Indian bank is the recipient. Imported business auxiliary services are taxable under reverse charge, but penalties are unwarranted where Cenvat credit availability negates evasion. Case-Laws Service Tax Fri, 21 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417841