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Service Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Reverse charge u/s 66A - revenue neutral - When a tax liability ...


Reverse Charge u/s 66A: Automatic Interest Liability for Payment Defaults in Revenue Neutral Transactions.

January 14, 2013

Case Laws     Service Tax     AT

Reverse charge u/s 66A - revenue neutral - When a tax liability arises it should be discharged in time. If there is a default, then liability to interest is automatic and consequential - AT

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