Sunday, January 26, 2020

Mere use of word ‘Principle to Principle’ basis can’t be termed as Franchise Service, not Taxable: CESTAT [Read Order]

The Customs Excise and Services Tax Appellate Tribunal (CESTAT) held that mere use of word ‘principle to principle’ cannot be a basis for the service fee which is taxable under the category of ‘Franchise Service’ as defined under Section 65 (47) of the Finance Act, 1944. The appellant M/s Easy Bill Ltd. is engaged in […]

The post Mere use of word ‘Principle to Principle’ basis can’t be termed as Franchise Service, not Taxable: CESTAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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