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Service Tax - Highlights / Catch Notes

Home Highlights May 2023 Year 2023 This

Valuation - receiving damages/compensation from the service ...


Service Provider Compensation for Breach Not Part of Service Tax Assessment, Says Tax Research Unit.

May 22, 2023

Case Laws     Service Tax     AT

Valuation - receiving damages/compensation from the service provider - declared service - TRU has specifically clarified that the compensation received on account of breach of contract should not form part of declare service for the purpose of payment of service tax by the assessee. - AT

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