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Service Tax - Highlights / Catch Notes

Home Highlights October 2023 Year 2023 This

Demand of service tax on guarantee commission under reverse ...


Appellant must pay service tax on guarantee commission to Karnataka Govt; demands beyond limitation period are void.

October 30, 2023

Case Laws     Service Tax     AT

Demand of service tax on guarantee commission under reverse charge mechanism - the appellant is liable to discharge service tax on the Guarantee commission paid to Government of Karnataka during the period 01.07.2012 to 31.03.2016 for providing unconditional and irrevocable guarantee in raising funds from the debt market. - However, demand beyond the normal period of limitation set aside - AT

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