Service Tax Refund Denied as Total Turnover Exceeded ₹10 Lakh Threshold

Jal Mahal Resorts Pvt. Ltd. Vs Principal Commissioner (CESTAT Delhi) The appeal concerned rejection of a refund claim of ₹95,01,092 filed by the appellant for service tax paid on legal consultancy services under the reverse charge mechanism. The appellant, a private limited company registered under the Finance Act, 1994, had initially discharged service tax liability on legal services and availed CENVAT credit. Upon audit, it was observed that such tax payment and credit availment were not required, leading the appellant to reverse the credit and subsequently seek a refund. While an earlier ...