https://www.taxtmi.com/caselaws?id=78534 The Tribunal ruled in favor of the appellants, four subsidiaries of a multinational company, in a case concerning service tax liability on management fees paid to the parent company. The Tribunal, considering decisions of High Courts, held that the appellants were not liable to pay service tax for the period pre-18-4-2006. Penalties imposed under the Finance Act, 1994 were also overturned, as it was established that the management fees were not for consultancy services. The appellants were deemed not liable to pay service tax based on the cited decisions, and the appeals were allowed. en-us Fri, 06 Nov 2009 00:00:00 +0530 Thu, 25 Nov 2010 15:41:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78534 The Tribunal ruled in favor of the appellants, four subsidiaries of a multinational company, in a case concerning service tax liability on management fees paid to the parent company. The Tribunal, considering decisions of High Courts, held that the appellants were not liable to pay service tax for the period pre-18-4-2006. Penalties imposed under the Finance Act, 1994 were also overturned, as it was established that the management fees were not for consultancy services. The appellants were deemed not liable to pay service tax based on the cited decisions, and the appeals were allowed. Case-Laws Service Tax Fri, 06 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78534