The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), New Delhi Bench quashed demand of Rupees one crore as no service tax can be demanded on amount received as facility charges attributable to electricity expenses. The appellant, M/s. Naidunia Media Pvt Ltd are publishers and printers of newspapers and are registered with the Service Tax Department for providing taxable service of renting of immovable property.
Source Taxscan
Latest Posts in "India"
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries
- Finance Minister Addresses GST Transition Concerns, Outlines Measures for Smooth Implementation
- Rajasthan HC Rules Principal-to-Principal Service Contracts as Export, Not Intermediary, Under GST