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Service Tax - Highlights / Catch Notes

Home Highlights April 2023 Year 2023 This

Taxable services or not - providing corporate guarantee to its ...


Corporate Guarantee Issued Without Consideration to Group Companies Not Taxable, Revenue's Appeal Dismissed.

April 6, 2023

Case Laws     Service Tax     SC

Taxable services or not - providing corporate guarantee to its group companies without consideration - No effort was made on behalf of the Revenue to assail the above finding or to demonstrate that issuance of corporate guarantee to group companies without consideration would be a taxable service. - Revenue appeal not admitted - SC

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