CESTAT
extends service tax exemption to manufacturer under Notification No. 6/2005-ST
in respect of renting of open space within factory, finding no violation of any
conditions stipulated therein with respect to non-availment of CENVAT credit;
Observes that assessee had neither received / used any capital goods at the
premises rented out nor utilized inputs / input services and no credit thereto
was availed; Hence, all conditions thereunder stood complied with by assessee;
Holds that availment of CENVAT credit in respect of inputs, input services and
capital goods only in relation to manufacturing activity does not debar
assessee from availing exemption under said Notification for service of renting
of immovable property; Stating that activity in manufacturing unit and service
related to immovable property are two distinct activities, CESTAT concludes
that assessee is not liable to pay any service tax : Mumbai CESTAT
Subscribe to:
Post Comments (Atom)
No Permanent Establishment Unless Proven by the Revenue
The Income Tax Appellate Tribunal (Delhi Bench) recently in the case of SAIC clarified an important principle in international taxation: th...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
The Central Board of Direct Taxes (CBDT) released the Draft Income Tax Rules, 2026 on February 7, 2026. It has invited suggestions and opi...
-
These instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisi...
-
The posting had been move to another website. Please click the link below to get the access of the same. https://taxofindia.wordpress....
-
This Tax Alert summarizes a recent ruling of Customs, Excise and Service Tax Appellate Tribunal, Ahmedabad (CESTAT) [1] . The issue invo...
-
An eminent concern within the GST framework pertains to the entitlement of Input Tax Credit (ITC) concerning expenditures associated with In...
-
Section 68 -Cash credits Section 69 -Unexplained investments Section 69A - Unexplained money, etc Section 69B -Amount of investme...
-
On payment of Contractor, Publisher, Ad-Service Provider etc. above Rs. 20000/- in the financial year, then the TDS is must be deducted u...
-
Anna Covaco is trying to sell her ancestral property - a piece of land worth nearly Rs 10 crores in today's market. Being a senior cit...
-
PENSION SCHEME IN CASE OF AN E MPLOYEE JOINING CENTRAL GOVERNMENT OR ANY OTHER EMPLOYER ON OR AFTER JANUARY 1,2004 New pension s che...
No comments:
Post a Comment