https://www.taxtmi.com/caselaws?id=761606 CESTAT Ahmedabad held that a sole proprietorship and its proprietor are not separate legal entities for taxation purposes. The appellant company was liable to pay service tax under reverse charge mechanism on services provided by a director's proprietorship firm. However, the tribunal allowed the appeal based on revenue neutrality principle, finding that service tax payable would have been available as CENVAT credit to the appellant, creating no revenue loss. The impugned order was set aside as without merit. en-us Fri, 08 Nov 2024 00:00:00 +0530 Wed, 13 Nov 2024 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761606 CESTAT Ahmedabad held that a sole proprietorship and its proprietor are not separate legal entities for taxation purposes. The appellant company was liable to pay service tax under reverse charge mechanism on services provided by a director's proprietorship firm. However, the tribunal allowed the appeal based on revenue neutrality principle, finding that service tax payable would have been available as CENVAT credit to the appellant, creating no revenue loss. The impugned order was set aside as without merit. Case-Laws Service Tax Fri, 08 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761606