Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Excess Service Tax Paid can be Adjusted Beyond Immediate Succeeding Month or Quarter u/r 6(4A):...
The CESTAT has ruled that "excess service tax paid can be adjusted beyond the immediate succeeding month or quarter," in a BSNL case. The tribunal's decision clarifies a contentious issue and is a significant victory for the company. The ruling reinforces the principle that a company can adjust its excess service tax payment against its future liabilities.