https://www.taxtmi.com/highlights?id=79430 Service tax demand against public sector undertaking upheld, but penalties waived u/s 80 of Finance Act, 1994 considering revenue neutrality as service tax paid would be eligible for CENVAT credit, following HUDCO case; appeal dismissed as no substantial question of law arose from discretionary order based on factual finding of revenue neutrality. en-us Mon, 15 Jul 2024 08:17:23 +0530 Mon, 15 Jul 2024 08:17:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79430 Service tax demand against public sector undertaking upheld, but penalties waived u/s 80 of Finance Act, 1994 considering revenue neutrality as service tax paid would be eligible for CENVAT credit, following HUDCO case; appeal dismissed as no substantial question of law arose from discretionary order based on factual finding of revenue neutrality. Highlights Service Tax Mon, 15 Jul 2024 08:17:23 +0530 https://www.taxtmi.com/highlights?id=79430