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…
Labour Laws
06/09/20264 min read
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Service Tax cannot be levied when there is no flow of Consideration’: CESTAT sets aside Rs. 31.5 lakhs demand on Corporate Guarantee
Corporate Law & GovernanceExcise, VAT & Custom
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that service tax cannot be levied in the absence of consideration flow, setting aside a ₹3.15 lakh demand on a corporate guarantee. The decision reinforces the principle that taxation requires a clear exchange of value.
