𝗖𝗘𝗦𝗧𝗔𝗧 𝗡𝗲𝘄 𝗗𝗲𝗹𝗵𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗥𝗲𝘃𝗲𝗿𝘀𝗲 𝗖𝗵𝗮𝗿𝗴𝗲 𝗮𝗻𝗱 𝗣𝗲𝗻𝗮𝗹𝘁𝘆 𝗳𝗼𝗿 𝗥𝗲𝗻𝘁𝗶𝗻𝗴 𝗢𝗳𝗳𝗶𝗰𝗲 𝗦𝗽𝗮𝗰𝗲 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "Non-payment of tax under RCM for renting office space to a Director is revenue neutral as credit would have been available. Hence, demand and penalties under the extended period are set aside."

🔍 𝗙𝗮𝗰𝘁𝘀: 𝗖𝗼𝗺𝗽𝗮𝗻𝘆: M/s Varaha Infra Limited 𝗜𝘀𝘀𝘂𝗲𝘀: Non-payment under RCM, excess abatement claims, and late returns led to scrutiny; demand partly set aside, penalties reduced. 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝘆: The appellant provided taxable services and was issued a show-cause notice on 13 July 2020.

⚖️ 𝗝𝘂𝗱𝗴𝗲𝗺𝗲𝗻𝘁: The Tribunal set aside the RCM demand for renting office space as it was revenue neutral, upheld 60% abatement for new construction, reduced late return penalties to ₹6000, and confirmed interest payable under Section 75 for delayed service tax payments.

📜 𝗖𝗮𝘀𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 𝗧𝗶𝘁𝗹𝗲: M/s Varaha Infra Limited vs. Commissioner of CGST, Jodhpur 𝗢𝗿𝗱𝗲𝗿 𝗗𝗮𝘁𝗲: 16 January 2023 📜 This ruling emphasizes the principle of revenue neutrality and reasonable penalties under extended periods.