Service Tax Not Applicable on Pre-Merger Services from Overseas Providers to Foreign Entities u/s 66A, Finance Act, 1994.

Service Tax Not Applicable on Pre-Merger Services from Overseas Providers to Foreign Entities u/s 66A, Finance Act, 1994. https://www.taxtmi.com/highlights?id=70278 Levy of Service tax - Reverse charge mechanism (RCM) - services received by three foreign companies which are being merged with the appellant company - the payments effected for the services received from another service provider abroad by the three foreign companies/overseas business entities which are proposed to merged with the appellant, is not amenable to charging service tax under section 66A of the Finance Act, 1994. - Demand set aside - AT en-us Mon, 12 Jun 2023 08:43:17 +0530 Mon, 12 Jun 2023 08:43:17 +0530 TaxTMI RSS Generator Service Tax Not Applicable on Pre-Merger Services from Overseas Providers to Foreign Entities u/s 66A, Finance Act, 1994. https://www.taxtmi.com/highlights?id=70278 Levy of Service tax - Reverse charge mechanism (RCM) - services received by three foreign companies which are being merged with the appellant company - the payments effected for the services received from another service provider abroad by the three foreign companies/overseas business entities which are proposed to merged with the appellant, is not amenable to charging service tax under section 66A of the Finance Act, 1994. - Demand set aside - AT Highlights Service Tax Mon, 12 Jun 2023 08:43:17 +0530 https://www.taxtmi.com/highlights?id=70278