Search Results Page

Search Results

1 - 7 of 7 (0.20 seconds)

Western Coalfields Ltd vs Commissioner Of Central Excise Madurai on 20 February, 2019

7. We find that the Tribunal in the case of Madhya Pradesh Poorva Kshetra Vidyut Vitaran Company Ltd (supra) has dealt an ST/86225/2021 4 identical issue and has held against the Revenue, holding that the amount received as compensation for breach of contract should not be considered as taxable service within the purview of 'declared service' as per Section 66E ibid. We also find that the Tax Research Unit of the Department of Revenue in the Ministry of Finance vide Circular dated 3rd August, 2022 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. Relevant paragraph of the said circular is extracted below.
Supreme Court of India Cites 7 - Cited by 11 - A Rastogi - Full Document
1