Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: articles on VAT and GST in India :: TDS :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: empanelment :: ACCOUNTING STANDARDS :: list of goods taxed at 4%
 
 
« Service Tax »
 GST Network to begin accepting fresh registrations from June 25
 Indian GST is significantly unique, but is it better?
 GST example of national integration
 6 reasons you need not fear the GST regime
 Tax return filing extension on GST may not be enough
 GST: ‘Tech readiness, tax administration key challenges’
 GST return filing rules relaxed for Jul-Aug, July 1 rollout
 GST Council gives return filing breather to India Inc for 2 months
 All eyes on 18 June as GST Council meets to iron out niggling issues
 GST Council's June18 meet to finalise e-way bill, anti-profiteering rules
 Valuation of Tax liabilities Under GST Regime

GMR moves HC against AAR ruling on service tax
August, 05th 2011

The MAS-GMR Aerospace Engineering has approached the Andhra Pradesh High Court against the Authority for Advance Ruling's (AAR) order that held that maintenance, repair and overhauling (MRO) activities in the aerospace SEZ attracts service tax.

MAS-GMR Aerospace Engineering is a joint venture between GMR Hyderabad International Airport and Malaysian SDN-BHD.

"Service tax will be chargeable on services rendered within the SEZ unless specifically exempted under the SEZ Act or under the Finance Act, 1994 or any Rules or Notifications there under. There is no such exemption presently available in respect of MRO services proposed to be provided by the applicant," AAR had said in its order in May.

GMR has now requested the high court to declare the order as arbitrary and illegal and set aside the same. The court has posted matter for the hearing on August 10.

The Excise Commissioner in Hyderabad had asked the MAS-GMR Aerospace Engineering to pay service tax for MRO activities in the aerospace SEZ located near the international airport here, but the company contended that it need not pay the tax as it is located in the SEZ which is exempted from paying taxes.

The company is yet to start MRO operations in the SEZ.

According to the Excise Commissioner, exemption from duties and taxes on goods and services is only for the purposes of export.

The Commissioner further said the MRO services falling under the category of Section 65 (105) (zzg) of the Finance Act, 1994 to be provided by the applicant within the SEZ are not for the authorised operations of SEZ and will be provided to various Indian and foreign customers.

MAS-GMR approached the Central Board of Excise and Customs (CBEC) in New Delhi seeking clarification on exemption from service tax for MRO services.

CBEC upheld the opinion of the Excise Commissioner and asked the MAS-GMR to pay service tax on MRO activities.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions