Statutory bodies not Liable to pay Service Tax on Amounts Received in Compliance with Government Directives: CESTAT [Read Order]

Statutory bodies are not liable to pay Service Tax on amounts received in compliance with government directives.
By Navasree A.M - On September 27, 2024 12:14 pm - 2 mins read
Government directives - Service Tax tribunal ruling - IPICOL tax relief - Taxscan

In a recent ruling, the Kolkata bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has set aside the Service Tax demand on the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), ruling that no Service Tax is leviable on the statutory body in which amount received in compliance with government directives. The…

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