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2018 (4) TMI 545 - AT - Service TaxLiability of service tax - Foreman Commission - Department was of the view that such commission is liable to payment of service tax under the category of Financial Service falling under Section 65(12) (v) of the Finance Act 1994 - Held that: - the Hon'ble Apex Court in the case of Union of India and others Vs, M/S Margadarshi Chit Funds Pvt. Ltd. [2017 (7) TMI 224 - SUPREME COURT OF INDIA], concluded that term 'cash management' in its common parlance will not include chit fund business. The Supreme Court set aside the demand for service tax on the foreman commission for the disputed period - appeal allowed - decided in favor of appellant.
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