2017 (11) TMI 1575

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..... 006 on which date Section 66A came to be introduced in the Finance Act, 1994 - The issue whether the assesse is liable to pay service tax under reverse charge mechanism on royalty paid to foreign counterpart stands settled in favour of the assessees in the judgment of Indian National Shipowners Association [2008 (12) TMI 41 - BOMBAY HIGH COURT], where it was held that Before insertion of section 6 .....

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..... 3% of the net selling price of fuel injection pumps to Delphi Technologies, USA. After scrutiny of the records, a show cause notice dated 21.4.2006 was issued for recovery of service tax of ₹ 15,67,368/- for the above period under reverse charge mechanism. After due process of law, the original authority confirmed the demand along with interest. On appeal, Commissioner (Appeals) upheld the .....

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