In a recent order passed by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), has quashed Service Tax demand on sale of banking software to banks. The appeal was filed by Infrasoft Tech India Ltd challenging the order of the Commissioner of Central Excise, which was to recover Rs. 3,11,95,070/-, along with interest thereon, […]
The post CESTAT quashes Service Tax Demand on Sale of Banking Software to Banks [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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