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2018 (2) TMI 839

Banking and other Financial Services - Consulting Engineering Services - reverse charge mechanism - Section 66A of the Finance Act, 1994 - Held that: - It is a fact that the interpretation of applicability of reverse charge as per the Service Tax Rul .....

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andra, President And Mr. B. Ravichandran, Member (Technical) Present Shri Amresh Jain, DR - for the appellant Present Shri Narendra Singhvi, Advocate - for the respondent ORDER Per: B. Ravichandran 1. The Revenue is in appeal against order dated 22/1 .....

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rms of Section 66A of the Finance Act, 1994. The Original Authority confirmed the tax liability. However, he did not impose penalties on the tax liability on banking service. He impose penalty equivalent to tax liability under Consulting Engineering .....

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osed on the other service also. 3. The Ld. Counsel for the respondent contesting the appeal by the Revenue submitted that the whole demand is on reverse charge basis. The issue was contentious and litigated in various forums. Finally, the Hon ble Bom .....

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e respondent on tax liability on reverse charge basis. Even otherwise when the matter was pointed out to them by the Revenue they have discharged the full Service Tax liability on both the services. In such situation, the correct course of action wou .....

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the Service Tax Rules, 1994 and thereafter Section 66A of the Act was subject matter of substantial litigation. Finally, the matter was resolved by Hon ble Bombay High Court in the Indian National Shipowners Association (supra) which was affirmed by .....

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he Ld. Counsel for respondent during his submission only contested penalty. 6. Accordingly, we find no merit in the appeal filed by the Revenue and hold that the penalty imposed on consulting engineering service can be waived under Section 80. To tha .....

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