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Service tax impact on credit note issued against penalty amount hold by customer

Service Tax - Started By: - Rakesh Mittal - Dated:- 4-2-2017 Last Replied Date:- 15-2-2017 - Dear Colleagues,I have query related to service tax . A service provider has raised an invoice for providing services and also giving an assurance for maintaining the quality of material. He raised an invoice for services say ₹ 2 cr + service tax. Now service recipient has raised a claim of ₹ 10 lac for quality deterioration. Now please suggest us whether service tax is applicable on ₹ .....

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EX., HYDERABAD-IV Versus VICTORY ELECTRICALS LTD. = 2013 (12) TMI 81 - CESTAT CHENNAI - Reply By YAGAY AND SUN - The Reply = Respected Kasturi Sir,You have nicely recalled this order. - Reply By Rakesh Mittal - The Reply = Respected Kasturi Sahaab / YAGAY AND SUN JiThanks for your kind reply on this issue.Request for some more clarification in this regard. 1. Are Service provider eligible to take reversal of service tax (on penalty credit note) in his book and may claim from dept ?2. If Yes the .....

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