Asst Cit Cc 38, Mumbai vs Uniphos Enterprises Ltd, Mumbai on 30 May, 2025
IN
The Acit Cc-38, Mumbai vs M/S. United Phosphorous Ltd, Mumbai on 30 May
Uniphos Enterprises Ltd,Mumbai vs Addl Cit Cen Rg Ix, Mumbai on 30 May, 2025
Addl Cit Cen Rg Ix, Mumbai vs Uniphos Enterprises Ltd ( Formlery ... on 30 May, 2025
M/S. United Phosphorus Ltd.,Mumbai vs Acit Cent. Cir. - 38, Mumbai on 30 May
that the appellant is required to pay service tax
on such discounts received under the category of business auxiliary service.
The learned counsel submitted that ... decisions of the Tribunal supra, we hold that the discounts received on
procurement of vehicles from the manufacturer are not liable
tariff notified by the newspaper
agencies 10% or 15% at the discount received by them
from news paper agencies, was a trade discount ... discount and sells the
27 Service Tax Appeal No.70083 of 2017
same at a higher rate to their clients. Therefore, the
discount being received
been treated as income of the assessee.
The assessee has also received discounts from the
27
ITA.Nos.291 & 292/Hyd./2023
manufacturers ... APBCL states that it has not
carried wholesale liquor business, cash discounts
received from IMFL suppliers for early clearance of dues
amounting
been treated as income of the assessee.
The assessee has also received discounts from the
27
ITA.Nos.291 & 292/Hyd./2023
manufacturers ... APBCL states that it has not
carried wholesale liquor business, cash discounts
received from IMFL suppliers for early clearance of dues
amounting
respect of chit account, chit prize money receivable,
other receivables, unmatured discount on chits, discount on prizing chits
etc.
5. In response to the above ... month by offering a discount. Such discount offered
is known as 'discount on prizing chit' and amount received is called
chit prize