CESTAT Overturns Rs.17.5 Cr Service Tax Demand Against Ultra tech Cement, Faults Department’s Calculation Method [Read Order]

The tribunal also held that the associated interest and penalty could not be sustained since the primary demand itself was not legally tenable
CESTAT ruling - UltraTech Cement tax - Service tax demand - taxscan

In a significant relief to Ultra Tech Cement the Eastern Zonal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata has set aside a service tax demand of Rs.17,49,80,654 that was raised on the company for the period between 2009-10 and 2012-13. The tribunal found that the demand, which had been confirmed…

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