#Section 67(2) Finance Act

CESTAT Ahmedabad rules that sub-contractors remain liable for service tax even if the main contractor has discharged the liability, but directs recomputation under Section 67(2) of the Finance Act, 1994 to avoid double taxation. The ruling clarifies that CENVAT credit must be applied to prevent unjust enrichment, impacting sub-contractors and tax practitioners dealing with service tax disputes.

CESTAT Chennai ruled that service tax liability for real estate agent services must be calculated on the gross amount inclusive of tax under Section 67(2) of the Finance Act. The tribunal remanded the case for fresh adjudication, allowing the appellant to submit additional evidence, clarifying the computation methodology for tax professionals and real estate service providers.