CESTAT upholds Rs. 2 Cr Service Tax Demand on Stem Cell/Umbilical Cord Blood Bank, says No Retrospective Exemption [Read Order]
The Tribunal had to ascertain the eligibility of Activities by Blood Banks to be taxed in the same category as ‘Health Care Services by a Clinical Establishment
By Avinash Kurungot - On September 3, 2024 10:10 am - 3 mins read
The Ahmedabad Bench of the Customs, Excises and Service Tax Appellate Tribunal ( CESTAT ) recently held that Activities rendered by Stem Cell/Umbilical Cord Blood Banks are not retrospectively exempt from Service Tax while upholding a Rs.2 Cr Service Tax Demand imposed by the Revenue Department on the Appellant. The Service Tax Appeal was lodged…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
