https://www.taxtmi.com/highlights?id=66007 Levy of service tax - abated portion of turnover or incorrect calculation along with penalty - The rejection of the claim of abatement for material component by the court below is against Valuation Rules and facts on record. - The calculation as submitted by the assessee has been rejected on flimsy ground - liability to pay tax has been correctly calculated as per notification no.30/2012-ST, under which the appellant is required to pay only 50% of the service tax liability and the balance 50% is payable by the recipient of the service being Corporate entity. - AT en-us Wed, 12 Oct 2022 09:54:40 +0530 Wed, 12 Oct 2022 09:54:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66007 Levy of service tax - abated portion of turnover or incorrect calculation along with penalty - The rejection of the claim of abatement for material component by the court below is against Valuation Rules and facts on record. - The calculation as submitted by the assessee has been rejected on flimsy ground - liability to pay tax has been correctly calculated as per notification no.30/2012-ST, under which the appellant is required to pay only 50% of the service tax liability and the balance 50% is payable by the recipient of the service being Corporate entity. - AT Highlights Service Tax Wed, 12 Oct 2022 09:54:40 +0530 https://www.taxtmi.com/highlights?id=66007