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Service Tax - Highlights / Catch Notes

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Declared service or not - amount of compensation received by the ...


Compensation for Accepting Substandard Goods Classified as Taxable Service Under Finance Act 1994.

January 10, 2024

Case Laws     Service Tax     AT

Declared service or not - amount of compensation received by the appellant on the act of tolerance by receiving the claim for poor quality of the goods - The said act is covered under declared service under sub-section (e) of section 66 (E) of the Finance Act, 1994 as it is an act of tolerance by the appellant for which appellant received compensation for receiving poor quality of goods. - AT

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