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Service Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Outstanding consideration to be paid by Holding Company - effect ...


Amendment to Rule 6 (1) exempts pre-May 10, 2008, debit entries from reverse charge Service Tax.

November 27, 2017

Case Laws     Service Tax     AT

Outstanding consideration to be paid by Holding Company - effect of amendment - the debit entries made prior to 10.05.2008 and shown outstanding on that date cannot be subjected to Service Tax on reverse charge basis based on the explanation, which was introduced under Rule 6 (1) of the Service Tax Rules, 1994 w.e.f. 10.05.2008.- AT

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