https://www.taxtmi.com/caselaws?id=202157 The Tribunal allowed the appellant's appeal regarding the taxability of services provided to banks under management maintenance or repair service during a specific period under the Finance Act, 1994. The Tribunal determined that the service involved maintenance of application software licensed to the banks, which was classified as information technology software for service tax purposes. It was clarified that the service tax liability arose from a specific date and the appellant was not liable for service tax during the disputed period. The Tribunal set aside the lower authorities' decision and ruled in favor of the appellant based on the specific classification of application software under information technology services for tax purposes. en-us Tue, 21 Dec 2010 00:00:00 +0530 Mon, 16 May 2011 13:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202157 The Tribunal allowed the appellant's appeal regarding the taxability of services provided to banks under management maintenance or repair service during a specific period under the Finance Act, 1994. The Tribunal determined that the service involved maintenance of application software licensed to the banks, which was classified as information technology software for service tax purposes. It was clarified that the service tax liability arose from a specific date and the appellant was not liable for service tax during the disputed period. The Tribunal set aside the lower authorities' decision and ruled in favor of the appellant based on the specific classification of application software under information technology services for tax purposes. Case-Laws Service Tax Tue, 21 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202157