TASMAC liable for service tax on license fees received for ...
TASMAC must pay service tax on 2012-2013 license fees; interest applies, no penalties due to interpretation. CESTAT decision.
January 10, 2025
Case Laws Service Tax AT
TASMAC liable for service tax on license fees received for period 1.7.2012 to 28.3.2013. Interest u/s 75 payable on delayed payment, but penalties u/ss 77 and 78 not imposable due to interpretative nature of issue. Appeal disposed of by CESTAT.
View Source