New User / Register | Bookmarks | Annual Subscription | Feedback |
Login: Stay
| Forget Password |
           
TMI - Tax Management India. Com  

Recent Discussionss:

SERVICE TAX ON LIQUIDATED DAMAGES Excise duty liabilities on one FG use in other FG within the Factory Export Without Central Excise registration Excise Duty on Tooling developed by Supplier SERIES OF INVOICES service tax credit on commission service received 1% interest penalty when cenvat credit reversed without utilising Treatment of Share Issue Expenses in realtion to increased Authroised Capital Service Tax & Vat Bot charged on Window 8.1 Professional purchased transportation of goods by railway
Home Case Index 2012 (7) TMI Service Tax Tri Service Tax + Tri
← Previous Next →

Please login.

Only paid members can access this page.

User Login
Username  
Password  
 
Stay sign in
 
 
 
New User / Registeration
Forget Password - Click here to Retrieve

Buy this Document - Rs. 500/- only - or - Subscribe Annual Package


M/s. TVS. Motor Company Limited Versus Commissioner of Central Excise, Chennai-III - 2012 (7) TMI 191 - CESTAT, CHENNAI - Service Tax

......... o far as levy of penalty under Section 78 is concerned, considering the difficulty in understanding the law applicable at inception and date of incidence to taxability, it would be proper to waive the penalty imposed under that Section. 22. In the light of the aforesaid discussions it is ordered - (1) That there shall not be levy of service tax on the engineering consultancy services availed from foreign consultant abroad prior to 18.4.2006. (2) There shall be levy of service tax at the applicable rate for the period 19.4.2006 to 30.9.2007 on the gross amount of consideration inclusive of income tax deducted at source involved in availing engineering consultancy service availed under Section 66A of the Act. (3) Adjudication order gets modified by the extent indicated in (1) and (2) above. (4) Cum tax benefit if any admissible shall be granted in accordance with law. (4) There shall not be penalty under Section 78 of Finance Act, 1994. ( Pronounced in open court on 13.6.2012)



 

what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options


Quick Links: | Acts and Rules | Notifications | Circulars | Schedules | Tariff | Forms | Case Laws | Manuals |
| Home | About us | Contact us | Feed Back | Disclaimer | Terms of Use | Privacy Policy | Members | |
Go to Mobile Website Go To Top
© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.