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2015 (9) TMI 732 - AT - Service TaxDemand of service tax - Reverse charge mechanism - commission paid to the overseas agents sale of yarn - whether the term "textile processing" covers yarn - benefit of Notification No.14/2004-ST, dated 10.09.2004 - Held that:- the situation is revenue neutral exercise since service tax as demanded would become input service and eligible for cenvat credit - Decision in the case of Texyard International, Sree Angalamman Exports, Atlas Export Enterprises, M/s Kangaroo Impex Versus Commissioner Of Central Excise, Trichy [2015 (8) TMI 794 - CESTAT CHENNAI] followed - appellants are eligible for the benefit of exemption Notification No.14/2004-ST, dated 10.09.2004 - Decided in favour of assessee.
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