https://www.taxtmi.com/caselaws?id=769796 CESTAT Hyderabad upheld service tax demand under RCM on royalty payments to foreign parent company for software licensing, rejecting revenue neutrality as generic defense. While confirming demand and interest under Section 76 of Finance Act 1994, tribunal noted appellant's substantive compliance through voluntary payment before show cause notice. No suppression or fraud alleged. Penalty reduced from maximum permissible to Rs. 10 lakh considering circumstances. Appeal partly allowed with order modified only regarding penalty amount. en-us Tue, 29 Apr 2025 00:00:00 +0530 Fri, 02 May 2025 08:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769796 CESTAT Hyderabad upheld service tax demand under RCM on royalty payments to foreign parent company for software licensing, rejecting revenue neutrality as generic defense. While confirming demand and interest under Section 76 of Finance Act 1994, tribunal noted appellant's substantive compliance through voluntary payment before show cause notice. No suppression or fraud alleged. Penalty reduced from maximum permissible to Rs. 10 lakh considering circumstances. Appeal partly allowed with order modified only regarding penalty amount. Case-Laws Service Tax Tue, 29 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769796