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HomeIndirect TaxesBank Credits and Admitted Receipts Can Be Treated as Taxable Service Value...

Bank Credits and Admitted Receipts Can Be Treated as Taxable Service Value in Security Services Case: CESTAT

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The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that bank credits and receipts admitted by an assessee can be treated as taxable value for service tax purposes, even when the assessee claims that such amounts include non-service-related transactions. The bench of Binu Tamta (Judicial Member) and Hemambika R….

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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