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Service Tax - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Refund of service tax - unjust enrichment - duty paid under ...


Refund Granted for Service Tax Paid Under Protest; Recorded as "Advance Recoverable" per Companies Act Disclosure.

May 31, 2019

Case Laws     Service Tax     AT

Refund of service tax - unjust enrichment - duty paid under protest - the amount being claimed as refund is reflected in the balance sheet under the head “current assets loan and advances” and the said amount has been shown as “advance recoverable” as per the disclosure requirement of the Companies Act. - Refund allowed.

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