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)
5 GST Judgments in 2026 Every Business Should Be Watching
The year 2026 has already delivered several landmark GST decisions that could significantly influence tax compliance, assessments, and litig...
-
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 issues before the Bench are - Whether when an expenditure is claimed to have been incurred by an assessee for promotion of his busine...
-
The posting had been move to another website. Please click the link below to get the access of the same. https://taxofindia.wordpress....
-
The Reserve Bank of India has introduced a new framework governing export and import transactions under FEMA. These regulations are effectiv...
-
THE issues before the Bench are - Whether no penalty u/s 271(1)(c) is warranted even if assessee makes false claim of Sec 80IA benefits ...
-
What is a Digital Signature? Answer: A digital signature authenticates electronic documents in a similar manner a handwritten signatur...
-
This Tax Alert summarizes a recent judgement of the Supreme Court (SC) [1] on whether a show cause notice (SCN) under Section 74 of the ...
-
The overall effective tax rate of a U.S. multinational corporation may have significant impact on the value of its stock. Therefore, it ...
-
This Tax Alert summarizes a recent ruling of the Gujarat High Court (HC)1 on the taxability of corporate guarantee provided by the Petitio...
-
This Tax Alert summarizes a recent ruling of the Delhi High Court (HC) [1] on whether the newly introduced pre-deposit requirement for fi...
No comments:
Post a Comment