Service Tax Demand under RCM: Transaction-wise, not Invoice-wise

M.P. Audyogik Kendra Vikas Nigam (Indore) Ltd Vs Principal Commissioner of Central Goods & Service Tax and Central Excise (CESTAT Delhi) In a recent case between M.P. Audyogik Kendra Vikas Nigam (Indore) Ltd and the Principal Commissioner of Central Goods & Service Tax and Central Excise, the question of whether service tax demand under the reverse charge mechanism was rightly raised on the appellant arose. This article analyzes the complexities of service tax demand under reverse charge mechanism, emphasizing the need for transaction-wise analysis rather than relying solely on invoice...