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Service Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Leviability of service tax – whether buffer stock subsidy would ...


Buffer Stock Subsidies for Sugar Factories Not Subject to Service Tax; Considered Negative Taxation, Not a Service.

July 23, 2013

Case Laws     Service Tax     AT

Leviability of service tax – whether buffer stock subsidy would be leviable to service tax – the sugar factories are storing the sugar for themselves thus there cannot be any service to self - subsidies are negative taxation and there cannot be a positive tax on the same under service tax - AT

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