Wednesday, May 13, 2020

Discount given for Non-provision of Warranty to Foreign buyers not BAS, no liability of Service Tax: CESTAT [Read Order]

The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT) held that the discount given for non-provision of certain services such as warranty to foreign buyers is not liable under Business Auxiliary Service (BAS) and therefore, no liability of service tax arises. The Appellant, M/s. MAN Trucks India Pvt. Ltd. is engaged in the business of manufacture […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2WQh9zN

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