https://www.taxtmi.com/caselaws?id=211187 The Tribunal ruled that services provided by the assessees to M/s. Futura Polymers Ltd. did not qualify as 'Management Consultancy Service' for service tax purposes. The services focused on statutory compliance rather than management improvement, leading the Tribunal to reject the department's demand for service tax. Consequently, penalties imposed under Sections 76 and 78 of the Finance Act, 1994 were deemed unjustified and set aside in favor of the assessees. en-us Fri, 08 Jul 2011 00:00:00 +0530 Sat, 03 Mar 2012 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211187 The Tribunal ruled that services provided by the assessees to M/s. Futura Polymers Ltd. did not qualify as 'Management Consultancy Service' for service tax purposes. The services focused on statutory compliance rather than management improvement, leading the Tribunal to reject the department's demand for service tax. Consequently, penalties imposed under Sections 76 and 78 of the Finance Act, 1994 were deemed unjustified and set aside in favor of the assessees. Case-Laws Service Tax Fri, 08 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211187