Sunday, 11 August 2013

Scheme framed for avoidance of ST can't be curbed in absence of anti-avoidance provisions - Australi

ST : In case of a scheme framed by builders, whereby one builder constructs partial property and sells to other without any liability to service tax, and other completes it and pays service tax on value-addition/services provided by it, thereby, avoiding service tax on value-addition made by first builder, such practice cannot be curbed owing to lack to anti-avoidance provisions


No comments:

Post a Comment