Tribunal Decisions Challenge Service Tax on Cross-Border Transactions, Urging Clarity on Legislative Intent and Taxable Events.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Demand of service tax on ross-border transactions - place of provision of services - The saddling of demand on the one manifest aspect of service transactions, viz., ‘consideration’, without contextual reference to the taxable event, though irresistibly attractive to tax authorities, may not always be consistent with legislative intent. That has been the thrust of decisions of the Tribunal in several disputes arising from the fastening of tax liability in cross-border transactions. - AT....