Saturday, June 13, 2020

Karnataka Industrial Areas Development Board discharges Statutory Function, No Service Tax applicable: CESTAT [Read Order]

The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT) ruled that the Karnataka Industrial Areas Development Board is not liable to pay the service tax at all as it is a statutory body discharging the statutory function as per the statute Karnataka Industrial Areas Development (KIAD) Act, 1966. The appellant, Karnataka Industrial Areas Development Board (KIADB) […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2Y1O2eJ

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