https://www.taxtmi.com/caselaws?id=757702 CESTAT Ahmedabad held that cash discounts given by a company for early payment of goods sold to customers do not constitute consideration for Business Auxiliary Services and are therefore not liable to service tax. The tribunal relied on precedent from Khanna Polymers case, finding that early payment discounts are linked to payment timing rather than commission for services rendered. The demand for service tax was unsustainable, and the appellant's appeal was allowed with the impugned order set aside. en-us Thu, 29 Aug 2024 00:00:00 +0530 Sat, 31 Aug 2024 07:52:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757702 CESTAT Ahmedabad held that cash discounts given by a company for early payment of goods sold to customers do not constitute consideration for Business Auxiliary Services and are therefore not liable to service tax. The tribunal relied on precedent from Khanna Polymers case, finding that early payment discounts are linked to payment timing rather than commission for services rendered. The demand for service tax was unsustainable, and the appellant's appeal was allowed with the impugned order set aside. Case-Laws Service Tax Thu, 29 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757702