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Service Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Whether the 51% equity stake which has been granted to the ...


Ruling: 51% Equity Stake in Joint Venture Not Classified as 'Business Auxiliary Service' for Service Tax Purposes.

August 22, 2019

Case Laws     Service Tax     AT

Whether the 51% equity stake which has been granted to the appellant by the Implementation Agreement, in the JV company, could be treated as ‘Business Auxiliary Service’ - In the absence of specifying the category of classification, demand of service tax cannot sustain.

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